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Auckland Suburb · Rental Yield

Pakuranga Heights North West Rental Yield 2026

Pakuranga Heights North West is an established Auckland suburb with a strong rental base, where 47% of households are renters and the median weekly rent sits at $655. Indicative gross yields range from 3.1% to 3.9%, reflecting the suburb's position within Auckland's broader residential market.

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Indicative Gross Yield
3.1–3.9%
Based on Auckland median price
Median Weekly Rent
$655/wk
All property types · MBIE bonds
Auckland Median Price
$1M
REINZ · indicative
Data updated 2025-12 · Sources: MBIE tenancy bond data · Stats NZ 2023 Census · REINZ
Median rent by bedroom

Pakuranga Heights North West weekly rents

Median weekly rent in Pakuranga Heights North West from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.

1 Bedroom
$630/wk
3 Bedroom
$690/wk

Indicative gross yield range of 3.1%–3.9% 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 Pakuranga Heights North West?

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

Median Rent
$655/wk
Rent Range
$595–$743
Renters
47%
Median Income
$114,700
Median Age
37 yrs
Population
2,739
Investor guide

Investing in Pakuranga Heights North West

Who Rents Here?

Pakuranga Heights North West attracts a broad mix of renters, supported by a median age of 37 and a relatively high median household income of $114,700 — suggesting a tenant pool of working professionals and established families who prioritise quality and stability in their rental accommodation.

With 47% of households renting, the suburb maintains a healthy and consistent demand for rental properties. Three-bedroom homes command a median of $690 per week, making them a practical target for investors seeking family-oriented tenants, while one-bedroom properties achieve $630 per week and suit smaller households or couples.

Yield & Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields in Pakuranga Heights North West range from 3.1% to 3.9%. The interquartile rent range of $595 to $743 per week indicates meaningful variation across property types and configurations, so precise due diligence on individual listings is essential to understanding where a specific asset sits within that range.

As with much of Auckland, gross yields at this level mean investors should carefully model mortgage servicing costs, rates, insurance, and maintenance before committing. Properties that achieve rents toward the upper quartile of $743 per week will naturally offer more comfortable cash-flow headroom than those sitting near the lower quartile.

Investor Snapshot

Is Pakuranga Heights North West a good place to invest?

Pakuranga Heights North West presents a stable rental environment underpinned by strong household incomes of $114,700 and consistent demand, with nearly half of all households renting. The suburb's demographics — a median age of 37 and a population of 2,739 — point to an active, economically productive community that supports reliable tenancy.

Investors should weigh the suburb's solid rental fundamentals against Auckland's elevated entry prices, and monitor market conditions closely given the yield compression that characterises much of the region.

Pros
  • High median household income ($114,700) supports tenant affordability and rental stability
  • Strong renter proportion at 47% of households ensures consistent rental demand
  • Median rent of $655/wk with upper-quartile rents reaching $743/wk offers income upside
Cons
  • Indicative gross yields of 3.1%–3.9% are modest and may create cash-flow pressure at higher leverage
  • Auckland's $1,000,000 median price sets a high capital entry point for investors
  • Relatively small suburb population of 2,739 means limited comparable sales data and some liquidity risk
FAQ

Pakuranga Heights North West rental yield — common questions

The median weekly rent across all property types in Pakuranga Heights North West is $655 per week. Rents range from $595 at the lower quartile to $743 at the upper quartile, reflecting variation by property size and condition.
Based on the Auckland median price of $1,000,000, indicative gross yields in Pakuranga Heights North West range from 3.1% to 3.9%. Investors should note these are gross figures and that net returns will be lower once expenses such as rates, insurance, and property management are accounted for.
Three-bedroom properties are well suited to the family-oriented demographic in Pakuranga Heights North West and achieve a median rent of $690 per week. One-bedroom properties also perform, achieving $630 per week, appealing to couples or smaller households in this mid-Auckland location.
The suburb has a population of 2,739 with a median age of 37 and a median household income of $114,700 — well above national averages. With 47% of households renting, the suburb supports a sizeable and financially capable tenant base.
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