Rental Yields Made Easy

It’s no secret that rent is a large cost of living and in turn, having a rental property can be a revenue-generating asset. So whether you are a seasoned landlord or just looking to into buying your first rental property, we have a made a simplistic rundown of rental yields, how to calculate it and what all the numbers mean.

What is rental yield?

Starting off with the basics, rental yield is how much money a revenue-generating asset produces each year as a percentage compared to the assets overall worth.

An example is a rental home with an HomesEstimate of $450,000.

Average RentEstimate of $450 per week multiplied by 52 weeks,
Dived the sum by $450,000 as the average estimated value and that sum is the yield.

Gross Yield vs Net Yield

Gross Yield

Gross yield is the amount of raw revenue that is generated before any deductions such as income tax, property maintenance, rates, insurance etc.

Net Yield

Net yield is the total you take away after all costs and bills are paid for. The amount of profit you are making from the rental property per year.

Best rental yield locations in New Zealand

For any interested landlords, the Auckland house prices may have hurt your hopes of buying a rental property, but we’ve got some good news.

Whether you consider yourself prospective or a pro, the highest yield areas are in Christchurch. With a 5.3% annual
gross yield on average and a top end of 6.8%. Christchurch is sitting on a 1.7% higher annual gross yield than Auckland.

Christchurch house prices are less than half the price of Auckland with average Christchurch house prices sitting at $452,608.


Why yields are important

Because of this magic little equation

Total Return = Net Rental Yield % + Expected Capital Growth %

Rental yields are therefore a key ingredient in the total return an investor or homeowner can expect from a property.
The other half of the equation above is the expected capital growth in the value of the property.  The trouble with relying on capital growth for all of your returns is that it is much harder to predict what the value of an investment is going to do in the future.
The advantage of relying on rental yields for your returns is they are much easier to predict once you have all the facts, and the rental yield means cash in the bank not just paper profits.
So using rental yields helps you to weigh up buying specific homes, compare and contrast different areas and get a handle on how quickly an investment will turn into cash in your bank account.
The rental yield is also a useful percentage to compare against the interest rate you might be facing for an investment – the higher the rental yield the easier it will be to pay any borrowing costs for the investment.
So if you are curious about our RentEstimate and the yields a property can potentially bring, try looking in different locations and the the RentEstimate to get an idea of the possible cash returns on your investments.

How To Clean Your Home Before and After Moving

Moving from one place to another is a big change and a lot of work. Weeks of organising, moving and cleaning both places can be a real headache.

However, there are ways to make your cleaning job quicker, which will consequently speed up the moving in process.

Know When To Clean

Logically, the best time to clean your old place is after you empty your home and send away your possessions to a new location.

Inversely, you should deep clean your new home right before you move in. Keep cleaning supplies with you since you will use them repeatedly and make sure you have enough cleaning cloths for cleaning both places, because you will not be able to wash them until you settle in.

Before you start to clean your old place, check if everything is in good shape and see if there is a need for repairs. Always clean from the top to the bottom to prevent spreading dirt. 


Since cleaning the kitchen takes most of the time, make sure to clean it last on your way out and first when you move in.

Empty the fridge, remove all drawers and shelves, if possible, and wash them separately. Clean the fridge inside and out and don’t forget to clean the area behind and under it.

After that, clean the top of the cabinets, lighting fixtures and ceiling. Continue with cleaning the appliances and remember to move them and clean the area behind and around.

The dirt and grease around the stove can be unthinkable. Degrease the oven, clean the microwave, and dishwasher, then move onto the sink and countertops. Open the cabinets, clean them inside and outside and focus on handles. Lastly, mop the floor on the way out.

Living room

Cleaning the rooms is quite easy as long as you stick to the ‘’top to bottom’’ rule. Start with the corners of the ceiling and continue with lighting fixtures, windows, and blinds.

Clean the shelves, furniture, showcases, drawers, and cabinets. If you are moving into a smaller apartment, do not clutter the space with furniture. Instead, consider the benefits of removalist storage, where you can temporarily put away big pieces and have a new, clutter-free home, which is spacious and easy to clean.

Make sure to polish furniture, clean behind and under it, then move onto the carpets, rugs, and floors.


Every bathroom needs thorough clean up, so make sure to sanitise it properly. Pay special attention to the toilet and the area around it.

Be sure to shine faucets and drains and consider replacing the shower head. Also, you may wish to replace your shower curtain.

Scrub the bathtub, sink, and tiles, remove the mould and limescale and clean the mirror. Clean the medicine cabinet and in the end, use antibacterial spray to eliminate any lingering germs. The next resident will thank you!


Needless to say, the outdoors can be quite neglected since our main focus is always on the interior. Nevertheless, by cleaning around the house, you’ll win some brownie points.

Clean the garage and sweep the driveway.  Scrub and hose down the porch or patio and move onto the lawn. Pull out weeds, remove fallen leaves and cut the grass. Clean the exterior house walls and remember to remove items like outdoor hanging decoration or kid’s toys.  

Although moving is stressful and cleaning is exhausting, keep in mind that a new home inevitably opens a new chapter in life. It is always the best option to have a fresh, clean start, so clean your way into the bright future. In the end, if sweeping, scrubbing and mopping is not your thing, know that you can always turn to professionals who will make your new place sparkle.

Must See Homes With Pools Outside of Auckland

The idea of a pool for many sounds like the ideal extra to a home. Relaxing in luxury with the heat of summer beating down may seem like a holiday in your own garden, so we’ve put together a list of top 5 recently sold homes with pools outside of Auckland.

20 Corrondella Grove, Belmont Lower Hutt

A modern style five bedroom home, 3.5 bathrooms and an indoor pool! Recently sold for 1.7 million dollars, it’s clear to see its value is well deserved.

Open plan style living space,  double glazing windows, heat pumps,  4 car spaces and kitchen made to entertain, it’s the perfect house for the passionate party hosts.


188 Waterloo Road, Hutt Central

Four bedroom house, three bathrooms and deck to enjoy the outdoors by the pool on those stunning summer days.

Additionally having a second story balcony and a covered outdoor area, expansive outdoor area allows you to utilise the properties outdoor spaces fully.

Then there is the tech aspect of the home, advanced security systems with auto gate and cameras, underfloor heating in bathrooms, gas fires and a heat recovery system to maximise energy efficiency.


11 Cornwall Street, Arrowtown

Surrounded by shaded decks, expansive lawns, gardens and a BBQ area, this pool is the perfect addition to this property.

With an aesthetic of timber interior wall cladding,  enclosed decks and stone terraces surrounding the pool area, this place keeps its private, rustic homely feeling to it.

With three bedrooms, big kitchen and a land space of over 1500m², the space is large enough for entertaining during the summer and small enough to keep warm in the winter.


18 Matua Road, Tauranga

Boasting it’s impressive gates at the entrance, large heated pool with a deck overlooking it, this home boasts to be one of the largest in the area of Matua.

Six bedrooms, three bathrooms (one with a spa pool installed), open plan kitchen and a living area of 313m2, this property would be perfect for a large family home and people that love to host events.

The extensive 799m2 outdoor area includes planted fruit trees and two aviaries to keep nature lovers happy with their own flora and fauna at home.


21 Pyle Road, Ruakaka

A traditional brick exterior, four bedrooms, a brand new pool and 5000m² of land space. Perfect to keep a family comfortable and space to get outdoors.

And in the winter when the pools not usable, the double, double garage and carport give a decent space for tinkering with toys, whether they are Tonka trucks or Toyotas.



So if you are willing to step out of Auckland and venture to other cities, you can find spectacular houses for similar prices to Auckland houses without a pool. Some even give you a sizable garden without compromising the size of the pool.