Murrays Bay East is a sought-after coastal suburb on Auckland's North Shore, where median weekly rents sit at $900 and renters make up 27% of households. Indicative gross yields range from 4% to 6.8%, offering investors a spread of outcomes depending on property type and entry price.
Analyse a Murrays Bay East propertyMedian weekly rent in Murrays Bay East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 4%–6.8% uses the rent against the Auckland median sale price of $1,000,000. Net yield is lower after rates, insurance, management and maintenance.
From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.
With a median household income of $137,200 and a relatively modest renter share of 27%, Murrays Bay East attracts a stable, higher-income tenant base. The suburb's coastal character and proximity to quality amenities appeal to professional families and established couples who prioritise quality of life alongside convenience.
The median age of 37 suggests a community of working-age residents, many of whom may be renting premium homes while weighing their own purchasing decisions. This dynamic tends to support rental demand for well-presented, larger properties, as reflected in the lower-quartile rent of $778 per week rising to $1,300 at the upper end.
Based on the Auckland median price of $1,000,000, indicative gross yields in Murrays Bay East range from 4% to 6.8%, a spread that reflects meaningful variation across property types and condition. The median weekly rent of $900 provides a reasonable income base, though investors should stress-test cash flow against mortgage rates, rates, and insurance before committing.
Three-bedroom properties show a median rent of $750 per week, which sits below the suburb-wide median, suggesting that larger or more premium dwellings are driving overall rental values higher. Investors targeting the upper end of the rent range — up to $1,300 per week — will need to ensure the property specification and presentation genuinely justify that premium to minimise vacancy risk.
Murrays Bay East presents an appealing case for investors seeking a high-income tenant demographic in a stable coastal suburb. A median household income of $137,200, combined with median weekly rents of $900, points to tenants who can sustain above-average rents — reducing rent-default risk relative to lower-income catchments. With only 27% of households renting, well-maintained investment stock tends to stand out and attract quality long-term tenants.
The suburb's relatively small population of 2,238 means the rental pool is not large, so vacancy periods can be more pronounced if a property is poorly positioned or priced above market — making accurate rent appraisal essential from day one.
Use PropertyMetrics NZ to run instant yield, cash-flow, and rental appraisal calculations on any Murrays Bay East address — so you can invest with confidence, not guesswork.
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