Remuera Waiata is a relatively compact, affluent Auckland neighbourhood where median weekly rents sit at $795 and only around 23% of households rent, signalling a predominantly owner-occupier community. Indicative gross yields range from 3.4% to 6.2%, reflecting the premium end of Auckland's residential market and the quality of tenants this area tends to attract.
Analyse a Remuera Waiata propertyMedian weekly rent in Remuera Waiata from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.4%–6.2% 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.
With a median household income of $169,800 and a median age of 37, Remuera Waiata draws professionals and established families who prioritise quality housing in a well-regarded Auckland location. The renter cohort — representing 23% of households across a population of 2,865 — is relatively small but financially capable, which supports consistent rent collection and lower vacancy risk.
Weekly rents span a broad range from $650 at the lower quartile through to $1,200 at the upper quartile, reflecting a mix of property sizes and fitouts. One-bedroom properties command a median of $773 per week, while three-bedroom homes fetch $910 per week — figures that underline tenants' willingness to pay for well-presented stock in this part of Auckland.
Indicative gross yields in Remuera Waiata range from 3.4% to 6.2%, calculated against the Auckland median price of $1,000,000. The lower end of that yield range is typical of high-value suburbs where capital growth has historically driven investor returns, so prospective landlords should stress-test cash flow carefully at current interest rates.
Investors targeting the upper end of the 3.4%–6.2% yield band should focus on property types and configurations that align with genuine local demand — particularly three-bedroom homes at $910 per week. Be sure to account for body corporate fees if considering apartments, as these can meaningfully compress net returns in premium Auckland postcodes.
Remuera Waiata offers investors access to a high-income, stable tenant base in one of Auckland's more sought-after residential pockets. The suburb's median household income of $169,800 and relatively low renter proportion of 23% suggest strong owner-occupier confidence in the area, which can provide a floor under property values over the medium term.
With indicative gross yields of 3.4%–6.2% and median rents of $795 per week, the suburb is best suited to investors with a long-term capital growth orientation rather than those seeking immediate high cash-flow returns.
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 median rent of $795 per week.
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