Work out the gross and net rental yield on an Auckland property — pre-loaded with the real median rent for 246 suburbs, so the rent assumption is grounded rather than guessed.
Gross yield is annual rent divided by the purchase price. It is the number most listings quote, and it deliberately ignores every cost of ownership, so it always flatters the property.
Net yield subtracts what you actually spend — council rates, insurance, maintenance, property management, and the weeks the place sits empty between tenants — before dividing by the price. It is the more honest figure, and in Auckland it typically lands one to two percentage points below gross.
Neither figure includes mortgage interest, which is a function of your lending rather than the property, and neither forecasts capital gain. This is general information, not financial advice.
The fastest way to move a yield in Auckland is usually a second dwelling rather than a higher rent. Since January 2026 a single-storey granny flat of up to 70m² can be built without a building consent on many residential sections, and on the Auckland median that is roughly $27,492 a year of extra gross rent — but whether it works comes down to the zone, the site and any hazard overlays on that exact parcel.
Check granny-flat eligibility for an address on PropertyScope →