What's a good rental yield in Palmerston North?
In Palmerston North as at 20 Sept 2026, FindMyProperty's median modelled gross yield on 39 scored listings is 4.6%. 2 listings are tagged rental candidates at 9%+ modelled gross yield. Median asking on the scored set is $489,000.
Snapshot stats
- Scored listings
- 39
- Median modelled gross yield
- 4.6%
- Median asking
- $489,000
- Rental candidates (9%+)
- 2
- Median score
- 57
- As-at
- 20 Sept 2026
Suburbs in this snapshot
Scored listings
5 Crewe Crescent, Hokowhitu
N/A · 4.7% gross yield · score 74
78 Ferguson Street, Awapuni
$410,000 · 5.0% gross yield · score 66
29D West Street, West End
N/A · 5.7% gross yield · score 66
8 Raleigh Street, Awapuni
$379,000 · 6.0% gross yield · score 66
54 Miro Street, Takaro
$499,000 · 4.3% gross yield · score 63
121 Savage Crescent, West End
N/A · 4.5% gross yield · score 63
428 Botanical Road, Awapuni
$399,000 · 5.2% gross yield · score 62
9 Crewe Crescent, Hokowhitu
N/A · 5.6% gross yield · score 62
87 Worcester Street, Ashhurst
$395,000 · 5.5% gross yield · score 61
68 Rangitane Street, City Centre
N/A · 3.8% gross yield · score 60
City risks
City-specific risk notes are not reviewed for this hub yet — read the scoring assumptions on methodology.
FAQ
What's a good rental yield in Palmerston North?+
On this snapshot the median modelled gross yield in Palmerston North is 4.6% across 39 scored listings. A listing is tagged a rental candidate at 9%+ modelled gross yield.
How many scored listings are in the Palmerston North snapshot?+
This page uses 39 scored active listings in Palmerston North. Unscored and sold rows are excluded.
How is gross yield modelled?+
Gross yield = (weekly rent × 52) ÷ purchase price × 100. On scored listings, weekly rent is benchmarked from MBIE Tenancy Services bond data by suburb and bedrooms, not from the agent's appraisal.
How many rental candidates are in this city?+
2 of 39 scored listings in Palmerston North meet the 9%+ modelled gross yield tag.
Is this financial advice?+
No. FindMyProperty outputs are informational screening tools only. They are not legal, tax, lending, or financial advice.
How yield is modelled
- Gross yield = (weekly rent × 52) ÷ purchase price × 100.
- Net yield subtracts vacancy, rates, insurance, management and maintenance. Mortgage is excluded.
- On scored listings, weekly rent is benchmarked from MBIE Tenancy Services bond data by suburb and bedrooms, not from the agent's appraisal.
- A listing is tagged a rental candidate at 9%+ modelled gross yield.
- Not financial advice.
NZ rental yield calculator · Methodology
Not financial advice.