Auckland’s apartment market is facing an increasingly familiar imbalance: strong population growth and rental demand, alongside a slowdown in new housing supply. In established central suburbs, where development opportunities are limited and obtaining town planning approvals remains challenging, new apartment stock is becoming harder to deliver.
New investment opportunity in Epsom: The Stables at Parkview
Positioned within Auckland’s coveted Double Grammar Zone and just minutes from key employment, transport and lifestyle hubs, The Stables is being pitched as an investment opportunity designed to respond directly to the city’s ongoing housing shortage and growing demand for quality rental accommodation.
Unlike many apartment projects currently on the market, the fundamentals here are hard to ignore. Entry pricing starts from $530,000, projected gross rental yields reach as high as 6.3 per cent, and investors can secure a property with a 10 per cent deposit while deferring the remaining capital outlay until settlement in 2028.
Long term appeal for investors and tenants alike
In a market where access to prime Auckland locations has become increasingly difficult, Epsom continues to hold long-term appeal for both tenants and investors. The combination of school zoning, proximity to Cornwall Park, strong transport connectivity and access to nearby commercial centres, such as Newmarket creates consistent rental demand from professionals, families and international tenants alike.
That demand is being reinforced by a broader structural issue across Auckland. According to the investor overview provided by Parkview, available apartment stock across the city has fallen to a decade low at the same time Auckland’s population continues to trend toward two million residents in the early 2030s.
For investors, scarcity matters
New apartment supply in established central suburbs remains constrained by construction costs, planning complexity and financing challenges. As a result, projects capable of delivering well-located apartments at accessible price points are becoming increasingly rare.
Attractive amenities for modern lifestyles
Importantly, the project is not relying solely on location to attract tenants. The development has been designed around a commitment to place making and delivering best in class amenities. Residents will have access to retail amenities at the doorstep of The Stables. Within the building, co-working spaces, rooftop terraces, wellness facilities, EV charging and hotel suites are all available to building occupants and their guests.
For investors, those details matter less as lifestyle luxuries and more as tenant retention tools.
Today’s renters are placing greater emphasis on convenience, flexibility and community-oriented living environments, particularly in central city-fringe locations. Developments that can offer these features tend to maintain stronger occupancy and rental resilience over time.
Construction starts in 2026
Construction is expected to commence in 2026, with completion anticipated in 2028. The project is being delivered by CMP Construction, a builder with an established track record in large-scale residential delivery.
For investors looking for exposure to Auckland residential property, opportunities combining location, rental demand, flexible payment structures and accessible entry pricing are becoming increasingly difficult to find.
The Stables appears positioned to capitalise on exactly that.
Get in touch to view available floor plans: The Stables at Parkview
