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Auckland · Q1 2026

Randwick Park

Median weekly rent, six-year trend and rental yield for Randwick Park — built from 27 tenancy bonds lodged with Tenancy Services, across the 2 statistical areas that make up the suburb.

$674
median weekly rent · Q1 2026
↓ -0.6% year on year

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

Typical range
$607–$709
middle 50% of new tenancies
Year on year
-0.6%
vs Q1 2025
Annual rent
$35,048
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 Randwick Park sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Randwick Park is the 121st most expensive of the 246 Auckland suburbs we track — pricier than 51% of them.

Randwick Park $674 $295 cheapest $993 dearest

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

The median weekly rent in Randwick Park is $674, based on 27 new tenancy bonds lodged in Q1 2026. That is 8% above the Auckland-wide median of $622.

Over the past year the median has fallen 0.6%, and it is up 16% on Q1 2020, when the median was $536.

Most new tenancies fall between $607 and $709 a week — the middle half of the market.

Randwick Park is the 121st most expensive of the 246 Auckland suburbs we track — pricier than 51% of them.

02

How the Randwick Park figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 2 statistical areas that make up Randwick Park — 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. 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 = $35,048

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$720 $674 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$53639
Q2 2020$56424
Q3 2020$57030
Q4 2020$53533
Q1 2021$58345
Q2 2021$60442
Q3 2021$55021
Q4 2021$59942
Q1 2022$62936
Q2 2022$63633
Q3 2022$58630
Q4 2022$62045
Q1 2023$64621
Q2 2023$64224
Q3 2023$67830
Q4 2023$66524
Q1 2024$66627
Q2 2024$69030
Q3 2024$65436
Q4 2024$67742
Q1 2025$67833
Q2 2025$66742
Q3 2025$66739
Q4 2025$62645
Q1 2026$67427

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 $660 15 bonds
3 bedrooms $670 6 bonds

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

05

Rental yield

Pre-filled with the Randwick Park 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 Randwick Park, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Manurewa$633-$411.5 km
Alfriston$450-$2241.5 km
Hillpark$677+$31.9 km
Conifer Grove$686+$122.3 km
Takanini$667-$72.5 km
Leabank$630-$442.7 km

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

07

What you could build in Randwick Park

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

Randwick Park zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Randwick Park address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Randwick Park median of $674 a week, a second dwelling would add roughly $35,048 a year in gross rent.

Check Randwick Park zoning and development rules →

Schools in Randwick Park

There are 2 schools in Randwick Park. 2 of them operate 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 2 schools in Randwick Park →
08

Common questions

What is the average rent in Randwick Park?
The median weekly rent for a new tenancy in Randwick Park is $674 (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 Randwick Park going up or down?
Rents are easing — the median is down 0.6% on the same quarter last year. Over five years the median has moved +15.6%.
How much is a three-bedroom in Randwick Park?
A one-bedroom is typically $660 a week, a three-bedroom $670.
Is Randwick Park expensive compared with the rest of Auckland?
At $674 a week, Randwick Park is above the Auckland median of $622. Randwick Park is the 121st most expensive of the 246 Auckland suburbs we track — pricier than 51% of them.
What rental yield does Randwick Park produce?
Gross yield depends on the purchase price. At the Randwick Park median rent of $674 a week, annual rent is about $35,048. Divide that by the property price for gross yield — $35,048 on a $900,000 property is roughly 4.0%.

Thinking of renting out or selling in Randwick Park?

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

Request a free appraisal

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