Auckland Suburb · Rental Yield

Saint Heliers South Rental Yield 2026

Saint Heliers South is a sought-after coastal Auckland neighbourhood where the median weekly rent sits at $680, reflecting strong tenant demand from higher-income households. Investors can expect indicative gross yields in the 3.1%–4.7% range, typical of premium eastern-suburbs Auckland stock.

Analyse a Saint Heliers South property

Median rent by bedroom

Saint Heliers South weekly rents

Median weekly rent in Saint Heliers South from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.

2 Bedroom

$610/wk

Indicative gross yield range of 3.1%–4.7% uses the rent against the Auckland median sale price of $1,000,000. Net yield is lower after rates, insurance, management and maintenance.

Suburb demographics

Who rents in Saint Heliers South?

From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.

Median Rent

$680/wk

Rent Range

$600–$900

Renters

29%

Median Income

$149,600

Median Age

37 yrs

Population

4,002

Investor guide

Investing in Saint Heliers South

Who Rents in Saint Heliers South?

With renters comprising 29% of households and a median household income of $149,600, Saint Heliers South attracts a financially stable tenant base — professionals, established couples, and families who value the suburb's coastal amenity and easy access to the Auckland CBD. The median age of 37 points to a working-age population prioritising lifestyle alongside convenience.

Weekly rents span $600 to $900 across the lower to upper quartile, with the median sitting at $680 per week. Two-bedroom properties command around $610 per week, making them an accessible entry point for investors targeting the local rental market. The relatively tight lower quartile suggests consistent demand across the rental price spectrum.

Yield & Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, Saint Heliers South's indicative gross yield range of 3.1%–4.7% reflects the premium nature of this coastal market. Investors achieving rents at the upper quartile of $900 per week will be better placed to approach the higher end of that yield range, while those acquiring at elevated price points should model conservatively toward 3.1%.

As with much of Auckland's eastern suburbs, purchase prices can sit well above the city median, which may compress net yields once mortgage costs, rates, insurance, and property management fees are factored in. Buyers should stress-test cash flow carefully and seek independent advice before committing, particularly if borrowing at current interest rate levels.

Investor Snapshot

Is Saint Heliers South a good place to invest?

Saint Heliers South offers the relative security of a high-income tenant pool — median household income of $149,600 — and consistent rental demand within a small, desirable suburb of just 4,002 residents. The trade-off is that gross yields of 3.1%–4.7% are modest, meaning capital growth expectations often underpin the investment case more than immediate income returns.

For long-term investors comfortable with lower initial yields, the suburb's coastal character and demographic stability provide a credible platform for sustained rental demand.

Pros

High-income, stable tenant demographic with median household income of $149,600
Median weekly rent of $680 with upper-quartile rents reaching $900, supporting stronger cash flow at the right price point
Small, tightly held suburb of 4,002 people, limiting rental supply expansion

Cons

Indicative gross yields of 3.1%–4.7% leave limited margin once operating costs are deducted
Purchase prices in a premium coastal market can significantly exceed the Auckland median of $1,000,000, further compressing yields
At 29% renters, owner-occupiers dominate, meaning rental stock is limited and acquisition opportunities may be infrequent

FAQ

Saint Heliers South rental yield — common questions

What is the median rent in Saint Heliers South?

The median weekly rent across all property types in Saint Heliers South is $680 per week. Rents range from $600 per week at the lower quartile to $900 per week at the upper quartile, reflecting the diversity of stock available in this coastal suburb.

What rental yield can I expect in Saint Heliers South?

Based on the Auckland median price of $1,000,000, indicative gross yields in Saint Heliers South sit between 3.1% and 4.7%. The yield you achieve will depend on the actual purchase price and the rent negotiated, so running property-specific numbers is essential before making a decision.

What do two-bedroom rentals fetch in Saint Heliers South?

Two-bedroom properties in Saint Heliers South have a median weekly rent of $610. This makes two-bedroom dwellings a relatively accessible entry point into the local rental market, though investors should confirm current market conditions with a local property manager.

What type of tenants does Saint Heliers South attract?

Saint Heliers South draws predominantly professional and family tenants, supported by a median household income of $149,600 — well above national norms. With a median age of 37 and 29% of households renting, the suburb's tenant base tends to be stable and financially capable, which can support reliable rental income and lower vacancy risk.

More Auckland suburbs

Burbank Botany Downs West Howick East Hamilton Estate Henderson Larnoch Henderson North Symonds Street North West Bucklands Beach South