Westmere North is a tightly held, high-income Auckland neighbourhood where median weekly rents sit at $950 and renters make up around 25% of households. Indicative gross yields of 4.6%–5.2% reflect the suburb's premium positioning and the quality of tenants it consistently attracts.
Analyse a Westmere North propertyMedian weekly rent in Westmere North from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 4.6%–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.
Westmere North draws a relatively affluent and established rental cohort, consistent with a suburb whose median household income sits at $200,000 — well above the Auckland average. With a median age of 37, renters here tend to be working professionals and young families who value proximity to the inner-city fringe, coastal reserves, and the amenities of nearby village centres.
The suburb's small population of 2,304 and the fact that only 25% of households are renters means rental stock turns over infrequently. When properties do come to market, competition among prospective tenants is typically strong, supporting rents in the $878–$1,000 per week interquartile range.
At a median weekly rent of $950 and benchmarked against the Auckland median price of $1,000,000, Westmere North delivers an indicative gross yield range of 4.6%–5.2%. For investors seeking inner-Auckland exposure, this yield profile is relatively competitive given the suburb's demographic stability and low vacancy pressure.
Investors should factor in that net yields will be meaningfully lower once property management fees, insurance, rates, and maintenance are accounted for. Entry prices for quality three-bedroom homes — where rents sit at $950 per week — may well exceed the $1,000,000 benchmark used here, which would compress gross yields toward the lower end of the indicated range.
Westmere North offers a compelling combination of high-income tenants, low rental supply, and a stable neighbourhood character that tends to underpin long-term capital values. The 4.6%–5.2% gross yield range is respectable for an inner-Auckland suburb of this calibre, and the $200,000 median household income signals strong tenant ability to sustain rents at or above the $950 per week median.
With only 25% of households renting and a small overall population, investor opportunities arise rarely — but scarcity also means well-presented rentals seldom sit vacant for long, supporting reliable income streams.
Run the numbers on a specific Westmere North address using PropertyMetrics NZ's data tools — compare rents, estimate yields, and make confident investment decisions backed by verified figures.
Analyse a property free