Median weekly rent, six-year trend and rental yield for Westlake — built from 33 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. Westlake is the 68th most expensive of the 246 Auckland suburbs we track — pricier than 73% of them.
The median weekly rent in Westlake is $745, based on 33 new tenancy bonds lodged in Q1 2026. That is 20% above the Auckland-wide median of $622.
Over the past year the median has risen 7.2%, and it is up 43% on Q1 2020, when the median was $510.
Most new tenancies fall between $605 and $845 a week — the middle half of the market.
Westlake is the 68th most expensive of the 246 Auckland suburbs we track — pricier than 73% 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 | $510 | 99 |
| Q2 2020 | $540 | 60 |
| Q3 2020 | $480 | 84 |
| Q4 2020 | $438 | 54 |
| Q1 2021 | $520 | 78 |
| Q2 2021 | $510 | 75 |
| Q3 2021 | $520 | 51 |
| Q4 2021 | $500 | 45 |
| Q1 2022 | $598 | 63 |
| Q2 2022 | $510 | 54 |
| Q3 2022 | $550 | 66 |
| Q4 2022 | $545 | 54 |
| Q1 2023 | $570 | 63 |
| Q2 2023 | $600 | 39 |
| Q3 2023 | $615 | 57 |
| Q4 2023 | $625 | 39 |
| Q1 2024 | $600 | 54 |
| Q2 2024 | $650 | 42 |
| Q3 2024 | $658 | 48 |
| Q4 2024 | $645 | 36 |
| Q1 2025 | $695 | 45 |
| Q2 2025 | $680 | 30 |
| Q3 2025 | $750 | 54 |
| Q4 2025 | $685 | 30 |
| Q1 2026 | $745 | 33 |
Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.
Pre-filled with the Westlake 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 Westlake, by distance between area centres.
| Suburb | Median weekly | Difference | Distance |
|---|---|---|---|
| Milford | $798 | +$53 | 1.1 km |
| Forrest Hill | $754 | +$9 | 1.5 km |
| Castor Bay | $920 | +$175 | 1.9 km |
| Takapuna | $715 | -$30 | 2 km |
| Hillcrest | $687 | -$58 | 2.5 km |
| Glenfield | $680 | -$65 | 2.7 km |
Rent tells you what a Westlake 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 Westlake address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Westlake median of $745 a week, a second dwelling would add roughly $38,740 a year in gross rent.
Check Westlake zoning and development rules →Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Westlake property would rent or sell for today — based on real local numbers, not a guess.
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