Are you looking to invest in the Auckland, NZ, real estate market? You’ve come to the right place!
Auckland is one of the best places to live in New Zealand. With a sunny climate all year round, this coastal city is extremely popular among snowbirds. Moreover, the city of Auckland has a strong economy, a competitive job market, great schools, and plenty of shopping, dining, and entertainment options. This makes the city extremely popular among renters.
Moreover, the Auckland real estate market is booming, making it a profitable location for long-term investments. This means that the area provides real estate investors with higher returns compared to other similar areas.
With so many great areas to choose from, it can be challenging to decide where to invest in Auckland. Luckily, the experts at Renthub are here to help you! In this article, we’ll go over the top areas in Auckland that you could consider for your next property investment.
Best Auckland Neighbourhoods for Real Estate Investments
With so many available options, choosing the right area to invest in this city is no easy feat. That’s why we’ve compiled this list of the best Auckland neighbourhoods for rental investments. Let’s dive in!
Ponsonby
Located two kilometres west of the Auckland Central Business District, Ponsonby is a highly sought-after neighbourhood. If you’ve always wanted to own a historic building, you will have your pick of restored Victorian homes in this suburb.
This suburb is well known for its dining and shopping establishments, with hundreds of restaurants, cafes, art galleries, shops, and nightclubs located in the area. Furthermore, despite its growth, Ponsonby still maintains a small-town feel and its historic charm. The area is home to notable landmarks, such as Gluepot Tavern, the Leys Institute, and the Braemar Building.
Remuera
Located four kilometres southeast of Auckland’s City centre, Remuera is a suburb with quiet tree-lined streets and plenty of green spaces. Remuera residents enjoy access to natural areas such as Ōhinerau / Mount Hobson, a volcanic peak overlooking Waitematā Harbour and Rangitoto, Waiata and Waiatarua Reserves, and the Orakei Basin Reserve.
In addition to its scenic views, Remuera is home to renowned schools, plenty of amenities, and various shopping and dining options. If you’re planning to rent out your Auckland home, there’s no better place to invest than Remuera. This suburb is primarily composed of large family homes, mostly Edwardian or mid-20th-century architecture, making it the perfect area to invest in long-term rentals.
Mount Eden
Located four kilometres south of the city centre, is a suburb known for its scenic views and natural beauty. Mt Eden is home to many popular attractions, including the volcanic peak of its namesake, also known as Maungawhau, Eden Park, and the Maungawhau Visitor Experience Centre. These landmarks attract hundreds of visitors every year, making the area a great place to invest in short-term and vacation rentals.
Mount Eden is also a great place to live. The area is home to plenty of shops, restaurants, bars, parks, and excellent schools. This, along with its tight-knit community, makes Mt. Eden a popular choice among a variety of long-term tenants.
Howick
Located on the eastern side of Auckland, Howick offers a quiet retreat from the bustling city. This seaside suburb is known for its low crime rates, tight-knit community, and top-notch schools. Plus, there are plenty of things to do in Howick, such as:
- Visiting the Howick Historical Village, a live museum that showcases the rich history and heritage of this suburb.
- Walking around the Emilia Maud Nixon Garden of Memories.
- Shopping or dining at Meadowlands Shopping Centre.
- Spending a day at Waipaparoa / Howick Beach.
Given that it’s only a 30-minute drive from Downtown Auckland, Howick is popular among residents of all ages. If you’re looking to invest in a long-term rental strategy, this is a great place to do it.
Devonport
Located across the harbour from downtown Auckland, Devonport is a historic suburb with one-of-a-kind seaside views. The suburb offers residents everything from waterfront cafés, bars, and restaurants, to great schools and outdoor amenities. This makes Devenport a popular choice for commuters.
Moreover, Devenport is a popular destination among tourists. The suburb is home too many museums and historic landmarks, including Torpedo Bay Navy Museum, Devonport Museum, DEPOT, an art gallery showcasing the work of local artists, and the Vic Vintage Theatre & Cinema. This makes Devenport a great area to invest in a vacation rental.
Kingsland
Kingsland is one of the best places to live in Auckland. This suburb is home to Eden Park, New Zealand’s largest stadium. Moreover, Kingsland’s village centre is home to many shops, restaurants, pubs, and farmers’ markets.
Given that Kingsland was established in the 1880s, the area boasts plenty of buildings dating back to the Edwardian and the interwar eras. However, it also has plenty of new buildings and modern amenities. This means that no matter their budget, real estate investors have a wide range of properties to choose from, from historic villas to modern apartments.
Bottom Line
Auckland is a city that has been on the map of real estate investors for many years due to its incredible weather, pristine beaches, strong local economy, and great schools. As the most populous city in New Zealand, Auckland offers plenty of opportunities for real estate investors.
If you are looking to purchase real estate in Auckland, you should consider high-rent areas such as Ponsonby, Remuera, Mount Eden, Howick, Devonport, and Kingsland. These popular neighbourhoods have a healthy rental market and plenty of opportunities for investors like yourself.
Are you ready to invest in Auckland real estate? Contact Renthub to learn about our property management services! Our team will help you find the perfect property to expand your portfolio.
