Turanga is a relatively affluent Auckland suburb where median weekly rents sit at $690, reflecting the area's above-average household incomes and quality housing stock. Investors can expect indicative gross yields in the 3%–6% range, consistent with broader Auckland market dynamics.
Analyse a Turanga propertyMedian weekly rent in Turanga from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3%–6% 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 renters making up 24% of households and a median age of 37, Turanga attracts a largely working-age tenant base — professionals and established households who value stability and quality of accommodation. The suburb's median household income of $171,700 is well above national norms, suggesting tenants who are financially resilient and tend to remain in properties longer.
Weekly rents span a wide range from $580 at the lower quartile through to $1,150 at the upper end, indicating a diverse mix of property types — from modest family homes to more premium offerings. Landlords who invest at the upper end of the market can expect tenants with correspondingly high income expectations and standards.
At a median weekly rent of $690, gross yields for Turanga properties are estimated in the 3%–6% range, benchmarked against the Auckland median price of $1,000,000. Investors purchasing closer to or below that median price point have a better chance of achieving yields at the higher end of this range, improving cash-flow prospects.
As with most Auckland suburbs, yields at the lower end of the 3%–6% spectrum will likely produce negative cash flow when mortgage costs, rates, insurance, and maintenance are factored in. Investors should model holding costs carefully and consider the suburb's strong income demographics as a buffer against vacancy risk.
Turanga presents a stable, lower-risk rental proposition underpinned by high household incomes and a mature tenant demographic. The median weekly rent of $690 is solid, and the 24% renter proportion — while not the highest in Auckland — means demand for quality rental stock remains consistent rather than speculative.
The suburb's affluent profile and relatively small population of 3,333 suggest limited new housing supply pressure, which may support rental values and capital retention over the medium term.
Run the numbers on any Turanga address with PropertyMetrics NZ and get an instant, data-driven rental yield and cash-flow estimate tailored to your purchase price.
Analyse a property free