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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

Source · MBIE Tenancy Services — Q1 2026 · 45 new bonds · Reviewed Aug 2026 · Method

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

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

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

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

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

How the Waterview figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the statistical area that is Waterview — 45 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. Publish the released median unchanged — Waterview is a single statistical area, so no combining step is needed.
  4. Report the median rather than the average: a handful of very expensive tenancies cannot drag it.
    weekly median = published area median annual gross rent = weekly median × 52 = $34,060

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.

$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

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 $655 27 bonds
2 bedrooms $593 6 bonds
3 bedrooms $675 6 bonds

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

05

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

Source · MBIE Tenancy Services — Q1 2026 · Rent pre-filled, price is yours · Reviewed Aug 2026 · Method

06

Nearby suburbsQ1 2026

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

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

07

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 →

Schools in Waterview

There is 1 school in Waterview. 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 Waterview →

Sports clubs and gyms in Waterview

4 sports clubs, gyms and pools are mapped in Waterview. Our companion directory Sideline lists every one in the country, compiled from OpenStreetMap — and nobody can buy a ranking in it.

See what's on in Waterview →
08

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