Randwick Park West is a predominantly renter-occupied suburb in Auckland, with 68% of households renting and a median weekly rent of $600. Investors can expect indicative gross yields in the range of 3.1%–3.5%, broadly in line with the wider Auckland market.
Analyse a Randwick Park West propertyMedian weekly rent in Randwick Park West from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.1%–3.5% 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.
Randwick Park West has a notably high renter proportion, with 68% of households occupying rental properties — well above the national average. The suburb's median age of 37 and median household income of $85,600 suggest a working-age population of established renters, including families and couples seeking affordable Auckland living in a southern residential setting.
Demand for three-bedroom homes is a key feature of this suburb, with the median weekly rent for three-bedroom properties sitting at $600 — consistent with the overall suburb median. One-bedroom properties command a median of $595 per week, and the lower-to-upper quartile rent range of $590–$680 per week indicates relatively stable, predictable rental pricing across the suburb.
Based on the Auckland median price of $1,000,000, indicative gross yields in Randwick Park West sit between 3.1% and 3.5%. While these yields reflect the compressed returns common across much of Auckland, the high rental occupancy rate of 68% suggests sustained tenant demand, which can support lower vacancy rates and more consistent rental income.
Investors should factor in that gross yields of 3.1%–3.5% leave limited margin once rates, insurance, property management fees, and maintenance are accounted for. Careful due diligence on purchase price relative to the Auckland median of $1,000,000 will be important to achieving the upper end of that yield range.
Randwick Park West presents a steady, tenant-rich environment for Auckland property investors, with 68% of households renting and a median weekly rent of $600. The suburb's median household income of $85,600 and median age of 37 point to a relatively stable renter demographic with reasonable capacity to sustain current rent levels. However, indicative gross yields of 3.1%–3.5% mean cash-flow outcomes will be tightly sensitive to financing costs and operating expenses.
For investors prioritising long-term capital retention in Auckland with reliable tenancy demand, Randwick Park West offers a consistent, if yield-compressed, residential market to consider.
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