Remuera South is one of Auckland's more prestigious rental markets, attracting professional tenants and families drawn to its established character and proximity to the city. With a median weekly rent of $750 and indicative gross yields ranging from 3.1% to 5.2%, it offers investors a blend of quality tenancy and measured income potential.
Analyse a Remuera South propertyMedian weekly rent in Remuera South from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.1%–5.2% 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.
Renters make up 36% of households in Remuera South, a notable share for a suburb characterised by high-quality housing stock and a median household income of $150,100. The tenant pool skews towards working professionals, dual-income couples, and families who prioritise the suburb's amenity-rich environment and access to central Auckland but prefer the flexibility of renting premium homes.
With a median age of 37 and a population of 3,828, Remuera South has a relatively compact, mature community. This demographic profile typically translates to stable, longer-tenure tenancies — a meaningful advantage for landlords managing premium-priced rentals where vacancy costs are significant. The rent range of $590 to $1,005 per week signals a diverse spread of property types, from well-appointed units through to substantial family homes.
At the Auckland median price of $1,000,000, the indicative gross yield range for Remuera South sits between 3.1% and 5.2%. The weekly median rent of $750 reflects the suburb's premium positioning — one-bedroom properties achieve a median of $665 per week, while three-bedroom homes also reach $750 per week, suggesting strong per-room value at the larger end of the market.
Investors should note that gross yields at the lower end of the 3.1%–5.2% range are common in high-capital-value suburbs like Remuera South, where the investment case often rests on long-term capital appreciation alongside rental income. Net yields, after rates, insurance, maintenance, and property management fees, will be meaningfully lower than the gross figures quoted.
Remuera South presents a compelling case for investors seeking quality tenants and defensible asset values rather than high immediate cash flow. A median household income of $150,100 and a 36% renter share indicate genuine, well-resourced demand for rental accommodation in the suburb, and the upper quartile rent of $1,005 per week demonstrates the ceiling achievable for well-presented premium properties.
The suburb's established character and central Auckland positioning suggest continued tenant demand, though investors should stress-test their cash-flow assumptions carefully against the lower end of the indicative yield range of 3.1%.
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