SuburbIQ
Home/Auckland suburbs/Castor Bay
Auckland · Q1 2026

Castor Bay

Median weekly rent, six-year trend and rental yield for Castor Bay — built from 27 tenancy bonds lodged with Tenancy Services.

$920
median weekly rent · Q1 2026
↓ -0.5% year on year

Source · MBIE Tenancy Services — Q1 2026 · 27 new bonds · Reviewed Aug 2026 · Method

Typical range
$736–$1,100
middle 50% of new tenancies
Year on year
-0.5%
vs Q1 2025
Annual rent
$47,840
at the median, 52 weeks
Sample size
27
new bonds this quarter

Source · MBIE Tenancy Services — Q1 2026 · Q1 2026 bond lodgements · Reviewed Aug 2026 · Method

01

Where Castor Bay sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Castor Bay is the 8th most expensive of the 246 Auckland suburbs we track — pricier than 97% of them.

Castor Bay $920 $295 cheapest $993 dearest

Source · MBIE Tenancy Services — Q1 2026 · 246 Auckland suburbs · Reviewed Aug 2026 · Method

The median weekly rent in Castor Bay is $920, based on 27 new tenancy bonds lodged in Q1 2026. That is 48% above the Auckland-wide median of $622.

Over the past year the median has fallen 0.5%, and it is up 13% on Q1 2020, when the median was $698.

Most new tenancies fall between $736 and $1,100 a week — the middle half of the market.

Castor Bay is the 8th most expensive of the 246 Auckland suburbs we track — pricier than 97% of them.

02

How the Castor Bay figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the statistical area that is Castor Bay — 27 of them.
  2. Discard any cell built on fewer than five bonds. MBIE withholds those to protect individual tenants, which is why some bedroom sizes below show a dash.
  3. Publish the released median unchanged — Castor Bay is a single statistical area, so no combining step is needed.
  4. Report the median rather than the average: a handful of very expensive tenancies cannot drag it.
    weekly median = published area median annual gross rent = weekly median × 52 = $47,840

Source · MBIE Tenancy Services — Q1 2026 · Weighted geometric mean · Reviewed Aug 2026 · Method

03

Six years of rent

Median weekly rent on new tenancies, Q1 2020 to Q1 2026. Hover the chart to read any quarter.

$600$800$1000 $920 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$69830
Q2 2020$75027
Q3 2020$76533
Q4 2020$69839
Q1 2021$81836
Q2 2021$83027
Q3 2021$80027
Q4 2021$75530
Q1 2022$90527
Q2 2022$70036
Q3 2022$69824
Q4 2022$86533
Q1 2023$85042
Q2 2023$85033
Q3 2023$88033
Q4 2023$84033
Q1 2024$84821
Q2 2024$90027
Q3 2024$74033
Q4 2024$78042
Q1 2025$92530
Q2 2025$94027
Q3 2025$68033
Q4 2025$92027
Q1 2026$92027

Source · MBIE Tenancy Services — Q1 2026 · Q1 2020 – Q1 2026 · Reviewed Aug 2026 · Method

04

Rent by size

Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.

1 bedroom $520 9 bonds
3 bedrooms $920 6 bonds
4 bedrooms $1,035 9 bonds

Source · MBIE Tenancy Services — Q1 2026 · Withheld below 5 bonds · Reviewed Aug 2026 · Method

05

Rental yield

Pre-filled with the Castor Bay median rent. Enter a purchase price to see the gross yield.

Gross yield ignores rates, insurance, maintenance, management and vacancy. Net yield is typically 1–2 percentage points lower — the full calculator works both out.

Gross rental yield

Source · MBIE Tenancy Services — Q1 2026 · Rent pre-filled, price is yours · Reviewed Aug 2026 · Method

06

Nearby suburbsQ1 2026

The closest suburbs to Castor Bay, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Campbells Bay$955+$351.3 km
Forrest Hill$754-$1661.3 km
Milford$798-$1221.3 km
Westlake$745-$1751.9 km
Sunnynook$709-$2112.2 km
Mairangi Bay$797-$1232.5 km

Source · MBIE Tenancy Services — Q1 2026 · Straight-line distance, area centres · Reviewed Aug 2026 · Method

07

What you could build in Castor Bay

Rent tells you what a Castor Bay property earns today. Zoning tells you what it could become — a second dwelling on the same section changes the income on this page entirely.

Castor Bay zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Castor Bay address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Castor Bay median of $920 a week, a second dwelling would add roughly $47,840 a year in gross rent.

Check Castor Bay zoning and development rules →

Schools in Castor Bay

There is 1 school in Castor Bay. 1 of them operates an enrolment zone, so where you rent decides which ones you can enrol in. Our companion site NZ School Finder lists every one with its roll, year levels and zone status, straight from the Ministry of Education's directory — and publishes no rankings or ratings.

See the 1 school in Castor Bay →
08

Common questions

What is the average rent in Castor Bay?
The median weekly rent for a new tenancy in Castor Bay is $920 (Q1 2026), from 27 bonds lodged with Tenancy Services. We use the median rather than a simple average because it is not distorted by a handful of very high or very low rents.
Are rents in Castor Bay going up or down?
Rents are easing — the median is down 0.5% on the same quarter last year. Over five years the median has moved +12.5%.
How much is a three-bedroom in Castor Bay?
A one-bedroom is typically $520 a week, a three-bedroom $920, a four-bedroom $1,035.
Is Castor Bay expensive compared with the rest of Auckland?
At $920 a week, Castor Bay is above the Auckland median of $622. Castor Bay is the 8th most expensive of the 246 Auckland suburbs we track — pricier than 97% of them.
What rental yield does Castor Bay produce?
Gross yield depends on the purchase price. At the Castor Bay median rent of $920 a week, annual rent is about $47,840. Divide that by the property price for gross yield — $47,840 on a $1,200,000 property is roughly 4.0%.

Thinking of renting out or selling in Castor Bay?

Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Castor Bay property would rent or sell for today — based on real local numbers, not a guess.

Request a free appraisal