Median weekly rent, six-year trend and rental yield for Waiake — built from 24 tenancy bonds lodged with Tenancy Services.
Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Waiake is the 50th most expensive of the 246 Auckland suburbs we track — pricier than 80% of them.
The median weekly rent in Waiake is $778, based on 24 new tenancy bonds lodged in Q1 2026. That is 25% above the Auckland-wide median of $622.
Over the past year the median has risen 7.3%, and it is up 15% on Q1 2020, when the median was $598.
Most new tenancies fall between $623 and $835 a week — the middle half of the market.
Waiake is the 50th most expensive of the 246 Auckland suburbs we track — pricier than 80% 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 | $598 | 27 |
| Q2 2020 | $520 | 18 |
| Q3 2020 | $645 | 39 |
| Q4 2020 | $600 | 21 |
| Q1 2021 | $678 | 27 |
| Q2 2021 | $650 | 24 |
| Q3 2021 | $720 | 15 |
| Q4 2021 | $618 | 18 |
| Q1 2022 | $600 | 24 |
| Q2 2022 | $650 | 21 |
| Q3 2022 | $690 | 24 |
| Q4 2022 | $623 | 15 |
| Q1 2023 | $705 | 18 |
| Q2 2023 | $750 | 15 |
| Q3 2023 | $840 | 24 |
| Q4 2023 | $755 | 18 |
| Q1 2024 | $750 | 24 |
| Q2 2024 | $770 | 15 |
| Q3 2024 | $765 | 24 |
| Q4 2024 | $725 | 15 |
| Q1 2025 | $725 | 27 |
| Q2 2025 | $793 | 27 |
| Q3 2025 | $700 | 24 |
| Q4 2025 | $750 | 24 |
| Q1 2026 | $778 | 24 |
Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.
Pre-filled with the Waiake 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 Waiake, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Glamorgan | $715 | -$63 | 0.7 km |
| Northcross | $780 | +$2 | 1.3 km |
| Awaruku | $780 | +$2 | 1.4 km |
| Torbay | $620 | -$158 | 1.4 km |
| Browns Bay | $753 | -$25 | 1.7 km |
| Rothesay Bay | $795 | +$17 | 1.9 km |
Rent tells you what a Waiake 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 Waiake address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Waiake median of $778 a week, a second dwelling would add roughly $40,456 a year in gross rent.
Check Waiake zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Waiake property would rent or sell for today — based on real local numbers, not a guess.
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