Randwick Park East is a settled southern Auckland neighbourhood with a median weekly rent of $683 and a rental household share of 42%, reflecting steady occupier demand. Indicative gross yields sit in the 3.4%–3.8% range, positioning this suburb as a moderate-yield, income-producing option within the broader Auckland market.
Analyse a Randwick Park East propertyMedian weekly rent in Randwick Park East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.4%–3.8% 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 42% of households renting and a median age of 37, Randwick Park East attracts a mix of working families and established renters who value the suburb's relative affordability compared with inner Auckland. The suburb's median household income of $110,600 suggests tenants are generally employed and financially stable, which can support consistent rent collection and lower vacancy risk.
Three-bedroom homes are the bread-and-butter rental stock here, commanding a median of $680 per week and sitting comfortably within the broader $650–$730 per week interquartile rent range. This tight band indicates predictable rental pricing, making it straightforward for investors to model cash-flow scenarios with reasonable confidence.
Based on the Auckland median price of $1,000,000, indicative gross yields in Randwick Park East range from 3.4% to 3.8%. While these yields sit below what some regional centres offer, they are broadly in line with what investors can expect across much of Auckland at current price levels, and the $683 per week median rent provides a tangible income base.
Investors should factor in rates, insurance, property management fees, and maintenance when converting gross yield to a net return, as these costs can meaningfully compress the figures above. It is also worth stress-testing rental income against the lower quartile rent of $650 per week to ensure the property remains serviceable during any vacancy or softening in demand.
Randwick Park East offers a relatively stable rental profile: a population of 2,475, a median weekly rent of $683, and a household income of $110,600 all point to a suburb with genuine occupier demand and tenants who can sustain current market rents. The 42% renter share means supply of rental properties is well absorbed, reducing the risk of extended vacancies.
Gross yields of 3.4%–3.8% are modest by national standards, so investors chasing yield uplift may need to weigh long-term capital growth prospects alongside the income return when making their decision.
Run the numbers on a specific address using PropertyMetrics NZ's yield and cash-flow calculator to see how it stacks up against the suburb's $683 median rent and 3.4%–3.8% indicative yield range.
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