Remuera Waiatarua is a well-established Auckland neighbourhood that attracts a relatively affluent renter base, with a median weekly rent of $805 and household incomes sitting at $144,500. Investors can expect indicative gross yields in the range of 3.6%–5.1%, reflecting the suburb's premium positioning within the Auckland market.
Analyse a Remuera Waiatarua propertyMedian weekly rent in Remuera Waiatarua from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.6%–5.1% 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 36% of households renting and a median age of just 37, Remuera Waiatarua draws a mix of professional couples, young families, and established renters who value the suburb's character and proximity to Auckland's amenities. The high median household income of $144,500 suggests tenants in this pocket are financially capable and likely to seek quality, well-maintained properties. Three-bedroom homes are a clear staple of the rental stock, commanding a median of $745 per week.
The relatively compact population of 2,385 means Remuera Waiatarua retains a neighbourhood feel, which tends to support tenant retention and lower vacancy risk over time. Demand is typically steady, underpinned by the suburb's reputation and access to wider Auckland employment centres. Landlords who maintain properties to a high standard are well placed to attract and keep quality long-term tenants.
Based on the Auckland median price of $1,000,000, indicative gross yields for Remuera Waiatarua sit between 3.6% and 5.1%, which is a meaningful spread depending on the entry price and specific property secured. The lower quartile rent of $693 per week and upper quartile of $980 per week illustrate that the right property choice can shift your yield position materially within that range. Investors targeting the upper end should focus on larger, well-presented homes in the most sought-after pockets of the suburb.
At the lower end of the yield range, cash-flow can be tight once mortgage servicing, rates, insurance, and property management costs are accounted for. It is important to stress-test your numbers against current lending rates before committing, particularly in a market where entry prices are elevated. Always obtain independent rental appraisals and review comparable recent lettings to confirm realistic income expectations.
Remuera Waiatarua offers a compelling combination of high-income tenants, a median weekly rent of $805, and a renters' share of 36% — enough demand to keep well-positioned properties occupied. The indicative gross yield range of 3.6%–5.1% is broadly consistent with comparable Auckland suburbs at this price point, meaning capital growth expectations may need to do some of the heavy lifting in overall return calculations. That said, the suburb's demographic stability and relatively young median age of 37 support ongoing rental demand.
With Auckland's housing market continuing to evolve, Remuera Waiatarua's underlying fundamentals — strong incomes, established character, and consistent tenant demand — make it a suburb worth serious consideration for patient, long-term investors.
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