Murrays Bay West is a sought-after North Shore suburb where the median weekly rent sits at $850, reflecting strong tenant demand from higher-income households. Investors can expect indicative gross yields in the range of 3.9%–5.1%, in line with the premium coastal character of this part of Auckland.
Analyse a Murrays Bay West propertyMedian weekly rent in Murrays Bay West from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.9%–5.1% 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 $134,600 and a median age of 37, Murrays Bay West attracts professional couples, young families, and dual-income households who value the suburb's coastal amenity and access to quality local infrastructure. Renters make up 26% of households — a relatively modest share that reflects the suburb's strong owner-occupier appeal, but one that points to a stable, financially capable tenant pool.
The rent range of $750–$980 per week across the lower to upper quartile illustrates meaningful variation depending on property size, condition, and proximity to the waterfront. Landlords offering well-presented, larger homes can realistically target the upper end of that range, while smaller or entry-level rental properties are likely to sit closer to the $750 mark.
Based on the Auckland median price of $1,000,000, indicative gross yields in Murrays Bay West sit between 3.9% and 5.1%. At a median rent of $850 per week, investors purchasing near or below the city median price have a reasonable path to the middle or upper end of that yield range, making purchase price discipline especially important in this suburb.
As with all premium Auckland suburbs, net yields will be noticeably lower once rates, insurance, property management fees, and maintenance are factored in. Investors should stress-test their cash-flow assumptions carefully and avoid relying solely on gross yield figures when assessing serviceability.
Murrays Bay West offers a compelling combination of high-calibre tenants and solid rental income, with a median weekly rent of $850 underpinned by a suburb median household income of $134,600. The relatively low renter proportion of 26% means rental vacancies can arise if a property is poorly presented or mispriced, so landlord diligence around property quality and management remains essential.
The suburb's coastal location, affluent demographic profile, and proximity to wider North Shore amenities suggest it will remain a resilient long-term hold, though investors should be prepared for the yield compression typical of premium Auckland locations.
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