SuburbIQ
Home/Auckland suburbs/Owairaka
Auckland · Q1 2026

Owairaka

Median weekly rent, six-year trend and rental yield for Owairaka — built from 66 tenancy bonds lodged with Tenancy Services, across the 2 statistical areas that make up the suburb.

$637
median weekly rent · Q1 2026
↓ -0.9% year on year

Source · MBIE Tenancy Services — Q1 2026 · 66 new bonds · Reviewed Aug 2026 · Method

Typical range
$565–$736
middle 50% of new tenancies
Year on year
-0.9%
vs Q1 2025
Annual rent
$33,124
at the median, 52 weeks
Sample size
66
new bonds this quarter

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

01

Where Owairaka sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Owairaka is the 78th most affordable of the 246 Auckland suburbs we track — cheaper than 68% of them.

Owairaka $637 $295 cheapest $993 dearest

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

The median weekly rent in Owairaka is $637, based on 66 new tenancy bonds lodged in Q1 2026. That is 2% above the Auckland-wide median of $622.

Over the past year the median has fallen 0.9%, and it is up 11% on Q1 2020, when the median was $543.

Most new tenancies fall between $565 and $736 a week — the middle half of the market.

Owairaka is the 78th most affordable of the 246 Auckland suburbs we track — cheaper than 68% of them.

02

How the Owairaka figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 2 statistical areas that make up Owairaka — 66 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. Combine the area medians with a bond-count-weighted geometric mean, so a small area with three tenancies cannot swing the suburb figure.
  4. Report the median rather than the average: a handful of very expensive tenancies cannot drag it.
    weekly median = geomean(area medians, weight = bond count) annual gross rent = weekly median × 52 = $33,124

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.

$480$600$700 $637 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$54363
Q2 2020$53233
Q3 2020$53151
Q4 2020$58445
Q1 2021$57360
Q2 2021$54745
Q3 2021$56636
Q4 2021$62045
Q1 2022$58663
Q2 2022$58663
Q3 2022$53054
Q4 2022$57266
Q1 2023$55557
Q2 2023$59345
Q3 2023$61133
Q4 2023$64536
Q1 2024$61751
Q2 2024$64366
Q3 2024$60633
Q4 2024$64254
Q1 2025$643102
Q2 2025$64572
Q3 2025$64760
Q4 2025$66566
Q1 2026$63766

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 $609 36 bonds
2 bedrooms $650 12 bonds
3 bedrooms $695 6 bonds

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

05

Rent by property typeQ1 2026

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 typeMedian weeklyBondsShare
House$6445482%
Apartment$560914%

Source · MBIE Tenancy Services — Q1 2026 · Property-type split · Reviewed Aug 2026 · Method

06

Rental yield

Pre-filled with the Owairaka 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

07

Nearby suburbsQ1 2026

The closest suburbs to Owairaka, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
New Windsor$650+$131.2 km
Mount Albert$589-$481.4 km
Wesley$683+$461.5 km
Sandringham$623-$141.9 km
Avondale$636-$12 km
St Lukes$675+$382 km

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

08

What you could build in Owairaka

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

Owairaka zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Owairaka address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Owairaka median of $637 a week, a second dwelling would add roughly $33,124 a year in gross rent.

Check Owairaka zoning and development rules →

Schools in Owairaka

There is 1 school in Owairaka. 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 Owairaka →
09

Common questions

What is the average rent in Owairaka?
The median weekly rent for a new tenancy in Owairaka is $637 (Q1 2026), from 66 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 Owairaka going up or down?
Rents are easing — the median is down 0.9% on the same quarter last year. Over five years the median has moved +11.2%.
How much is a three-bedroom in Owairaka?
A one-bedroom is typically $609 a week, a two-bedroom $650, a three-bedroom $695.
Is Owairaka expensive compared with the rest of Auckland?
At $637 a week, Owairaka is above the Auckland median of $622. Owairaka is the 78th most affordable of the 246 Auckland suburbs we track — cheaper than 68% of them.
What rental yield does Owairaka produce?
Gross yield depends on the purchase price. At the Owairaka median rent of $637 a week, annual rent is about $33,124. Divide that by the property price for gross yield — $33,124 on a $850,000 property is roughly 4.0%.

Thinking of renting out or selling in Owairaka?

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

Request a free appraisal

Areas included in Owairaka: Owairaka West · Owairaka East. See how we combine them.