Median weekly rent, six-year trend and rental yield for Leabank — built from 48 tenancy bonds lodged with Tenancy Services.
Source · MBIE Tenancy Services — Q1 2026 · 48 new bonds · Reviewed Aug 2026 · Method
Source · MBIE Tenancy Services — Q1 2026 · Q1 2026 bond lodgements · Reviewed Aug 2026 · Method
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Leabank is the 67th most affordable of the 246 Auckland suburbs we track — cheaper than 73% of them.
Source · MBIE Tenancy Services — Q1 2026 · 246 Auckland suburbs · Reviewed Aug 2026 · Method
The median weekly rent in Leabank is $630, based on 48 new tenancy bonds lodged in Q1 2026. That is almost exactly in line with the Auckland-wide median of $622.
Over the past year the median has fallen 1.6%, and it is up 7% on Q1 2020, when the median was $560.
Most new tenancies fall between $499 and $723 a week — the middle half of the market.
Leabank is the 67th most affordable of the 246 Auckland suburbs we track — cheaper than 73% of them.
Source · MBIE Tenancy Services — Q1 2026 · Weighted geometric mean · Reviewed Aug 2026 · Method
Median weekly rent on new tenancies, Q1 2020 to Q1 2026. Hover the chart to read any quarter.
| Quarter | Median weekly rent | New bonds |
|---|---|---|
| Q1 2020 | $560 | 27 |
| Q2 2020 | $535 | 21 |
| Q3 2020 | $550 | 24 |
| Q4 2020 | $580 | 36 |
| Q1 2021 | $590 | 42 |
| Q2 2021 | $600 | 39 |
| Q3 2021 | $600 | 30 |
| Q4 2021 | $615 | 39 |
| Q1 2022 | $590 | 24 |
| Q2 2022 | $660 | 39 |
| Q3 2022 | $598 | 45 |
| Q4 2022 | $625 | 39 |
| Q1 2023 | $620 | 45 |
| Q2 2023 | $605 | 36 |
| Q3 2023 | $635 | 42 |
| Q4 2023 | $595 | 54 |
| Q1 2024 | $650 | 54 |
| Q2 2024 | $680 | 30 |
| Q3 2024 | $650 | 51 |
| Q4 2024 | $580 | 51 |
| Q1 2025 | $640 | 63 |
| Q2 2025 | $643 | 66 |
| Q3 2025 | $660 | 66 |
| Q4 2025 | $620 | 54 |
| Q1 2026 | $630 | 48 |
Source · MBIE Tenancy Services — Q1 2026 · Q1 2020 – Q1 2026 · Reviewed Aug 2026 · Method
Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.
Source · MBIE Tenancy Services — Q1 2026 · Withheld below 5 bonds · Reviewed Aug 2026 · Method
Pre-filled with the Leabank 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.
Source · MBIE Tenancy Services — Q1 2026 · Rent pre-filled, price is yours · Reviewed Aug 2026 · Method
The closest suburbs to Leabank, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Rowandale | $639 | +$9 | 1.1 km |
| Manurewa | $633 | +$3 | 1.2 km |
| Wattle Downs | $655 | +$25 | 1.5 km |
| Homai | $633 | +$3 | 1.9 km |
| Weymouth | $652 | +$22 | 1.9 km |
| Burbank | $688 | +$58 | 2.1 km |
Source · MBIE Tenancy Services — Q1 2026 · Straight-line distance, area centres · Reviewed Aug 2026 · Method
Rent tells you what a Leabank property earns today. Zoning tells you what it could become — a second dwelling on the same section changes the income on this page entirely.
Our companion tool PropertyScope reads Auckland Council's planning data for any Leabank address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Leabank median of $630 a week, a second dwelling would add roughly $32,760 a year in gross rent.
Check Leabank zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Leabank property would rent or sell for today — based on real local numbers, not a guess.
Request a free appraisal
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