Orakei East is an established Auckland suburb offering median weekly rents of $850 and a relatively strong renter base, with 45% of households in the rental market. Indicative gross yields range from 3.8% to 5.5%, reflecting the suburb's premium positioning and the quality of tenants it attracts.
Analyse a Orakei East propertyMedian weekly rent in Orakei East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.8%–5.5% 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.
Orakei East draws a well-established rental cohort, with a median household income of $121,000 and a median age of 37 — pointing to working professionals and families who value proximity to Auckland's eastern bays and the CBD. With 45% of households renting across a population of 2,742, there is a meaningful and consistent pool of demand for quality rental stock in this neighbourhood.
The rent range of $725 to $1,050 per week across the lower to upper quartile reflects genuine variety in the local housing mix, from well-presented two-bedroom properties at $725 per week through to larger or more premium three-bedroom homes at $850 per week. Landlords who invest in presentation and maintenance are well placed to attract and retain the higher-income tenants that Orakei East typically draws.
Based on the Auckland median price of $1,000,000, indicative gross yields in Orakei East sit between 3.8% and 5.5% — a range that reflects both the suburb's desirability and the variation in property type and condition. At the median rent of $850 per week, investors should model their cash-flow carefully against purchase price, as entry costs in this part of Auckland tend to be higher than the city median.
As with much of Auckland's inner eastern suburbs, yield compression is a real consideration: stronger capital growth expectations in this area have historically kept gross yields at the lower end of what investors might find elsewhere in the region. Ensuring your financing structure and rental income can comfortably service debt during any vacancy periods is essential due diligence before purchasing here.
Orakei East presents a compelling case for investors targeting high-income, stable tenants in Auckland's eastern corridor. A median weekly rent of $850, a household income of $121,000, and a 45% renter share all signal a robust and resilient rental market that can support consistent occupancy. That said, with gross yields ranging from 3.8% to 5.5%, investors should weigh yield against the capital required to enter this market relative to higher-yielding alternatives elsewhere in Auckland.
With a median age of 37 and strong underlying income demographics, Orakei East is likely to remain a sought-after rental location for professional households, supporting both rent stability and long-term capital retention.
Run the numbers on any Orakei East address with PropertyMetrics NZ and see how it stacks up against the suburb's median rent of $850 per week and indicative gross yields of 3.8%–5.5%.
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