Westpac
Auckland: Top 10 suburbs for Gross Yield returns
Although our suburb and surrounding suburbs here in Mt Eden did not come up in the top 10 suburbs for capital gain returns it did feature in *5 out of the 10 top Suburbs in the category of Gross Yield.
Might be worth talking to us about firstly expanding your portfolio in our neighbourhood and secondly on how we can maximise your returns to get you into the 10% club.
*Suburbs included - Mt Eden, Eden Terrace & Grafton
Report form Westpac visit here:
Suburb | Property type | Median Weekly Rent | Estimated Valuation (2015) | Gross Yield |
Ponsonby | Apt/Flat (All) | $495.00 | $225,000.00 | 12.80% |
Grafton | Apt/Flat (3 Beds) | $508.00 | $305,000.00 | 10.40% |
Grafton | Apt/Flat (2 Beds) | $521.00 | $300,000.00 | 10.30% |
Auckland Central | Apt/Flat (2 Beds) | $534.00 | $465,000.00 | 7.50% |
Mount Eden | Apt/Flat (1 Beds) | $359.00 | $317,500.00 | 7.20% |
Grafton | Apt/Flat (1 Beds) | $381.00 | $340,000 | 6.9% |
Parnell | Apt/Flat (1 Beds) | $449.00 | $425,000 | 6.5% |
Eden Terrace | Apt/Flat (1 Beds) | $383.00 | $400,000 | 6.3% |
Auckland Central | App/Flat (3 Beds) | $721 | $675,000 | 6.3% |
Auckland Central | App/Flat (1 Beds) | $401 | $415,000 | 6.1% |