Auckland Suburb · Rental Yield

Northcote Point (Auckland) Rental Yield 2026

Northcote Point is a sought-after harbourside enclave on Auckland's North Shore, attracting professional households and commanding a median weekly rent of $755. With indicative gross yields ranging from 3.2% to 4.7%, it sits at the premium end of the Auckland rental market.

Analyse a Northcote Point (Auckland) property

Median rent by bedroom

Northcote Point (Auckland) weekly rents

Median weekly rent in Northcote Point (Auckland) from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.

2 Bedroom

$595/wk

Indicative gross yield range of 3.2%–4.7% uses the rent against the Auckland median sale price of $1,000,000. Net yield is lower after rates, insurance, management and maintenance.

Suburb demographics

Who rents in Northcote Point (Auckland)?

From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.

Median Rent

$755/wk

Rent Range

$614–$905

Renters

27%

Median Income

$162,200

Median Age

37 yrs

Population

3,066

Investor guide

Investing in Northcote Point

Who Rents in Northcote Point?

With 27% of households renting and a median age of 37, Northcote Point attracts a relatively affluent, working-age tenant base. The suburb's median household income of $162,200 — well above the Auckland average — signals that tenants here typically have strong financial capacity and expect well-maintained, quality properties.

The combination of harbour views, proximity to the Auckland CBD via the Harbour Bridge, and a village-like atmosphere makes Northcote Point particularly appealing to professional couples and small families. Demand for well-presented rentals tends to be consistent, helping landlords maintain low vacancy periods in a suburb of just 3,066 residents.

Yields & Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields at Northcote Point sit between 3.2% and 4.7%. The median weekly rent across all property types is $755, while the lower-to-upper quartile range runs from $614 to $905 per week, reflecting meaningful variation depending on property size, condition, and position.

Investors focusing on two-bedroom properties should note a median rent of $595 per week for that category — a useful benchmark when assessing smaller dwellings or units. At these yield levels, thorough cash-flow modelling is essential, as financing costs, rates, insurance, and maintenance can significantly erode net returns in a high-value suburb.

Investor Snapshot

Is Northcote Point a good place to invest?

Northcote Point offers the relative stability of a high-income, low-turnover tenant base, with a median household income of $162,200 supporting rents at the upper end of the Auckland spectrum. However, with indicative gross yields of 3.2%–4.7%, investors must accept that capital growth, rather than cash flow, is the primary return driver in this location.

The suburb's small population of 3,066, strong amenity access, and enduring lifestyle appeal suggest continued demand from quality tenants, though investors should monitor Auckland's broader interest-rate and regulatory environment closely.

Pros

High-income tenant pool with median household income of $162,200, supporting rent levels and payment reliability
Median weekly rent of $755 across all property types, with upper-quartile rents reaching $905/wk
Lifestyle and location appeal underpins consistent tenant demand in a tightly held suburb of 3,066 residents

Cons

Indicative gross yields of 3.2%–4.7% are modest, leaving limited margin once operating costs are deducted
High entry prices benchmarked against the Auckland median of $1,000,000 mean significant capital is required upfront
Only 27% of households rent, limiting the available tenant pool and reducing the frequency of comparable rental evidence

FAQ

Northcote Point (Auckland) rental yield — common questions

What is the median rent in Northcote Point?

The median weekly rent across all property types in Northcote Point is $755 per week. Rents range from $614 per week at the lower quartile to $905 per week at the upper quartile, reflecting the variety of dwelling types and quality across the suburb.

What rental yield can I expect from a Northcote Point investment property?

Based on the Auckland median price of $1,000,000, indicative gross yields in Northcote Point range from 3.2% to 4.7%. These figures represent gross returns before expenses such as property management fees, insurance, rates, and maintenance are deducted, so net yields will be lower.

What is the median rent for a two-bedroom property in Northcote Point?

The median weekly rent for a two-bedroom property in Northcote Point is $595 per week. Investors considering smaller dwellings or units in the suburb should use this figure as a key benchmark when stress-testing their cash-flow projections.

What type of tenants typically rent in Northcote Point?

Northcote Point's tenant profile skews towards working professionals and established households, consistent with the suburb's median age of 37 and a median household income of $162,200. With only 27% of households renting across a total population of 3,066, the rental market is relatively small but tends to attract financially stable, long-term tenants.

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