Median weekly rent, six-year trend and rental yield for Mount Wellington — built from 330 tenancy bonds lodged with Tenancy Services, across the 7 statistical areas that make up the suburb.
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Mount Wellington is the 89th most affordable of the 246 Auckland suburbs we track — cheaper than 64% of them.
The median weekly rent in Mount Wellington is $649, based on 330 new tenancy bonds lodged in Q1 2026. That is 4% above the Auckland-wide median of $622.
Over the past year the median has fallen 1.7%, and it is up 10% on Q1 2020, when the median was $531.
Most new tenancies fall between $582 and $735 a week — the middle half of the market.
Mount Wellington is the 89th most affordable of the 246 Auckland suburbs we track — cheaper than 64% of them.
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 | $531 | 219 |
| Q2 2020 | $550 | 132 |
| Q3 2020 | $517 | 192 |
| Q4 2020 | $572 | 201 |
| Q1 2021 | $588 | 237 |
| Q2 2021 | $561 | 258 |
| Q3 2021 | $572 | 129 |
| Q4 2021 | $577 | 201 |
| Q1 2022 | $606 | 243 |
| Q2 2022 | $582 | 246 |
| Q3 2022 | $548 | 231 |
| Q4 2022 | $563 | 198 |
| Q1 2023 | $609 | 246 |
| Q2 2023 | $635 | 195 |
| Q3 2023 | $630 | 222 |
| Q4 2023 | $644 | 195 |
| Q1 2024 | $659 | 195 |
| Q2 2024 | $581 | 210 |
| Q3 2024 | $617 | 219 |
| Q4 2024 | $652 | 246 |
| Q1 2025 | $660 | 390 |
| Q2 2025 | $656 | 330 |
| Q3 2025 | $631 | 336 |
| Q4 2025 | $631 | 321 |
| Q1 2026 | $649 | 330 |
Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.
The headline median covers every property type together, so the mix matters — a suburb with many rooms or studios shows a lower overall median than its houses alone.
| Property type | Median weekly | Bonds | Share |
|---|---|---|---|
| House | $671 | 225 | 68% |
| Apartment | $635 | 75 | 23% |
| Room | $350 | 6 | 2% |
Pre-filled with the Mount Wellington 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.
The closest suburbs to Mount Wellington, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Mount Wellington Ferndale | $650 | +$1 | 1.1 km |
| Panmure | $393 | -$256 | 1.5 km |
| Stonefields | $840 | +$191 | 2.4 km |
| Tamaki | $610 | -$39 | 2.5 km |
| Ellerslie | $697 | +$48 | 2.9 km |
| Pakuranga | $675 | +$26 | 3 km |
Rent tells you what a Mount Wellington 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 Mount Wellington address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Mount Wellington median of $649 a week, a second dwelling would add roughly $33,748 a year in gross rent.
Check Mount Wellington zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Mount Wellington property would rent or sell for today — based on real local numbers, not a guess.
Request a free appraisalAreas included in Mount Wellington: Mount Wellington North West · Mount Wellington North East · Mount Wellington East · Mount Wellington West · Mount Wellington Central · Mount Wellington South West · Mount Wellington South East. See how we combine them.