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Auckland · Q1 2026

Waterview

Median weekly rent, six-year trend and rental yield for Waterview — built from 45 tenancy bonds lodged with Tenancy Services.

$655
median weekly rent · Q1 2026
↑ +2.3% year on year
Typical range
$543–$750
middle 50% of new tenancies
Year on year
+2.3%
vs Q1 2025
Annual rent
$34,060
at the median, 52 weeks
Sample size
45
new bonds this quarter
01

Where Waterview sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Waterview is the 103rd most affordable of the 246 Auckland suburbs we track — cheaper than 58% of them.

Waterview $655 $295 cheapest $993 dearest

The median weekly rent in Waterview is $655, based on 45 new tenancy bonds lodged in Q1 2026. That is 5% above the Auckland-wide median of $622.

Over the past year the median has risen 2.3%, and it is up 16% on Q1 2020, when the median was $550.

Most new tenancies fall between $543 and $750 a week — the middle half of the market.

Waterview is the 103rd most affordable of the 246 Auckland suburbs we track — cheaper than 58% of them.

02

Six years of rent

Median weekly rent on new tenancies, Q1 2020 to Q1 2026. Hover the chart to read any quarter.

$500$620$740 $655 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$55030
Q2 2020$62018
Q3 2020$60524
Q4 2020$55024
Q1 2021$56324
Q2 2021$60024
Q3 2021$59036
Q4 2021$59024
Q1 2022$60030
Q2 2022$60030
Q3 2022$63039
Q4 2022$59330
Q1 2023$64024
Q2 2023$65033
Q3 2023$67033
Q4 2023$62024
Q1 2024$65030
Q2 2024$70039
Q3 2024$68027
Q4 2024$67318
Q1 2025$64045
Q2 2025$60024
Q3 2025$65042
Q4 2025$67533
Q1 2026$65545
03

Rent by size

Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.

1 bedroom $655 27 bonds
2 bedrooms $593 6 bonds
3 bedrooms $675 6 bonds
04

Rental yield

Pre-filled with the Waterview 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

05

Nearby suburbs

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

SuburbMedian weeklyDifferenceDistance
Mount Albert$589-$661.6 km
Point Chevalier$716+$611.8 km
Avondale$636-$191.9 km
Avondale Rosebank$665+$102 km
Owairaka$637-$182.3 km
St Lukes$675+$202.9 km
06

What you could build in Waterview

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

Waterview zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Waterview address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Waterview median of $655 a week, a second dwelling would add roughly $34,060 a year in gross rent.

Check Waterview zoning and development rules →
07

Common questions

What is the average rent in Waterview?
The median weekly rent for a new tenancy in Waterview is $655 (Q1 2026), from 45 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 Waterview going up or down?
Rents are rising — the median is up 2.3% on the same quarter last year. Over five years the median has moved +16.3%.
How much is a three-bedroom in Waterview?
A one-bedroom is typically $655 a week, a two-bedroom $593, a three-bedroom $675.
Is Waterview expensive compared with the rest of Auckland?
At $655 a week, Waterview is above the Auckland median of $622. Waterview is the 103rd most affordable of the 246 Auckland suburbs we track — cheaper than 58% of them.
What rental yield does Waterview produce?
Gross yield depends on the purchase price. At the Waterview median rent of $655 a week, annual rent is about $34,060. Divide that by the property price for gross yield — $34,060 on a $850,000 property is roughly 4.0%.

Thinking of renting out or selling in Waterview?

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

Request a free appraisal