Remuera East is one of Auckland's most prestigious residential addresses, attracting a small but high-income rental cohort in an overwhelmingly owner-occupied neighbourhood. With a median weekly rent of $880 and an indicative gross yield range of 4%–5.7%, investors here are typically targeting capital quality alongside income.
Analyse a Remuera East propertyMedian weekly rent in Remuera East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 4%–5.7% 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.
Remuera East is a tightly held, affluent suburb with renters making up just 20% of households — well below the Auckland average. That small rental pool tends to be highly qualified: the suburb's median household income sits at $177,000, meaning tenants here typically expect premium homes, well-maintained presentation, and a level of landlord professionalism to match.
With a median age of 37 and a population of 2,691, the suburb attracts professional couples, executives, and families seeking proximity to Auckland's CBD and the area's established amenities. Three-bedroom homes are a core part of the rental stock, commanding a median of $800 per week, while the broader rent range runs from $774 to $1,088 per week across the lower and upper quartiles.
Benchmarked against the Auckland median price of $1,000,000, Remuera East's indicative gross yield range of 4%–5.7% is competitive for an upper-end suburb. At a median weekly rent of $880, gross annual rental income approaches a meaningful return, though investors should factor in the higher cost of maintaining properties to the standard tenants in this market expect.
Because only 20% of households rent, vacancy periods between tenancies can have an outsized impact on annual returns. Investors should stress-test their cash-flow assumptions against realistic letting periods and ensure their property is positioned at or above the $774 lower-quartile rent to attract the quality tenants this suburb commands.
Remuera East offers a compelling combination of high-income tenants, low renter turnover, and a gross yield range of 4%–5.7% — a reasonable outcome for a prestige Auckland location. The suburb's median household income of $177,000 substantially reduces the risk of rental arrears and supports above-average rent growth over time.
With limited rental stock and persistent demand from relocating professionals and executives, well-presented properties in Remuera East are likely to remain defensively positioned through broader market cycles.
Run the numbers on a specific address with PropertyMetrics NZ and see how it stacks up against the suburb's median rent of $880/wk and indicative yield range of 4%–5.7%.
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