What's a good rental yield in Palmerston North?
In Palmerston North as at 3 Nov 2026, FindMyProperty's median modelled gross yield on 38 scored listings is 4.6%. 3 listings are tagged rental candidates at 9%+ modelled gross yield. Median asking on the scored set is $474,000.
Snapshot stats
- Scored listings
- 38
- Median modelled gross yield
- 4.6%
- Median asking
- $474,000
- Rental candidates (9%+)
- 3
- Median score
- 58
- As-at
- 3 Nov 2026
Suburbs in this snapshot
| Suburb | n scored | FMP live median modelled yield |
|---|---|---|
| Hokowhitu | 6 | 4.6% |
| Awapuni | 4 | 4.5% |
| Milson | 4 | 4.3% |
| Roslyn | 4 | 4.8% |
| Terrace End | 4 | 4.7% |
| West End | 4 | 4.5% |
| City Centre | 3 | 3.8% |
| Takaro | 3 | 4.9% |
| Highbury | 2 | 3.4% |
| Westbrook | 2 | 5.8% |
| Cloverlea | 1 | 4.2% |
| Kairanga | 1 | 4.8% |
Scored listings
5 Crewe Crescent, Hokowhitu
N/A · 4.7% gross yield · score 74
1495 Rangitikei Line, Kairanga
$440,000 · 4.8% gross yield · score 70
78 Ferguson Street, Awapuni
$395,000 · 5.1% gross yield · score 66
17B Churchill Avenue, Hokowhitu
$349,000 · 6.2% gross yield · score 66
3/613 Church Street, Terrace End
N/A · 5.9% gross yield · score 65
22 Newton Place, Westbrook
$389,000 · 6.2% gross yield · score 63
42 Pinedale Parade, Milson
$469,000 · 5.4% gross yield · score 62
18 Severn Terrace, Roslyn
$350,000 · 6.2% gross yield · score 62
9 Crewe Crescent, Hokowhitu
N/A · 5.6% gross yield · score 62
525 Ferguson Street, City Centre
$479,000 · 4.5% gross yield · score 61
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 38 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 38 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?+
3 of 38 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.