Weymouth East is a predominantly renter-occupied suburb in south Auckland, with 58% of households renting and a median weekly rent of $670. Indicative gross yields of 2.4%–3.7% reflect Auckland-wide pricing pressures, though the suburb's strong rental demand and above-average household incomes give investors a stable income base to work from.
Analyse a Weymouth East propertyMedian weekly rent in Weymouth East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.4%–3.7% 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 58% of households renting, Weymouth East sits well above the national average, signalling a deep and consistent tenant pool for landlords. The suburb's median age of 37 and median household income of $109,700 suggest a working-age, financially capable renter demographic — tenants who prioritise stability and can sustain competitive rents.
The relatively compact population of 2,679 gives Weymouth East a community feel that tends to support longer tenancies and lower vacancy rates. Renters here are typically drawn by the suburb's southern Auckland location, access to motorway connections, and proximity to coastal amenities along the Manukau Harbour.
Weymouth East's indicative gross yield range of 2.4%–3.7% is benchmarked against the Auckland median price of $1,000,000, meaning properties acquired below that level have meaningful room to push yields toward the upper end of the range. At the median rent of $670 per week, annualised gross rental income reaches approximately $34,840 — a reasonable revenue line for buy-and-hold investors.
The rent range of $453–$703 per week across the lower to upper quartile highlights meaningful variability by property type and condition. Notably, the 2-bedroom median of $162 per week appears anomalous against the broader rent profile and warrants careful due diligence when assessing specific listings — investors should verify individual property data before relying on bedroom-level figures for financial modelling.
Weymouth East presents a compelling rental occupancy story — a 58% renter rate and median household income of $109,700 underpin consistent demand and tenants' ability to meet rent obligations. However, the indicative gross yield ceiling of 3.7% means investors relying on cash flow alone will need to be disciplined on purchase price and manage costs carefully to achieve meaningful returns.
With Auckland's broader housing market remaining supply-constrained, well-located southern suburbs like Weymouth East may offer longer-term capital growth prospects alongside the rental income, making the investment case most compelling for patient, buy-and-hold investors.
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