Property Prices in Auckland, New Zealand
| Index |  |
|---|---|
| Price to Income Ratio: | 12.71 |
| Mortgage as Percentage of Income: | 117.58% |
| Loan Affordability Index: | 0.85 |
| Price to Rent Ratio - City Centre: | 31.29 |
| Price to Rent Ratio - Outside of Centre: | 32.61 |
| Gross Rental Yield (City Centre): | 3.20% |
| Gross Rental Yield (Outside of Centre): | 3.07% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,215.91 NZ$ | |
| Apartment (1 bedroom) Outside of Centre | 2,094.18 NZ$ | |
| Apartment (3 bedrooms) in City Centre | 4,206.13 NZ$ | |
| Apartment (3 bedrooms) Outside of Centre | 3,342.56 NZ$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,439.84 NZ$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,313.71 NZ$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,829.17 NZ$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.92 |
These data are based on 295 entries in the past 18 months from 51 different contributors.
Last update: April 2024
Sources and References
Sign Up for Our Newsletter:
Nearby cities:| Property Prices in North Shore | 6.10 miles |
| Property Prices in Manukau | 14.42 miles |
| Property Prices in Hamilton | 78.04 miles |
| Property Prices in Cambridge | 90.92 miles |
| Property Prices in Whangarei | 98.49 miles |
| Property Prices in Tauranga | 126.40 miles |
| Property Prices in Rotorua | 141.68 miles |
| Property Prices in Taupo | 172.85 miles |
| Property Prices in New Plymouth | 223.66 miles |
This page in other languages:
 DeutschImmobilienpreise in Auckland
|
 PortuguêsPreços de Imóveis em Auckland
|
 ItalianoPrezzi delle proprietà immobiliari a Auckland
|
 FrançaisPrix de l'immobilier à Auckland
|
 EspañolPrecios de Inmuebles en Auckland
|
Leave a comment:3 Comments so far
Tundra
on Apr 13, 2023:
Never ever buy an apartment or anything that has a body corporate or some sort of lease or anything of the like they are almost always scams that will lose you a great deal of money. Either fees go up by 10s of thousands of $$ or the building has leaky issues or some POS kiwi crackheads will move in next door either way you wont be able to sell and lose everything.
Bring
on Jul 14, 2022:
So the comment to YeahNah, well most of your saying, I agree, but tgat logic only applies to the houses and apts built before 2010. The new apartments near CBD are well insulated with double glazed windows and insulation and the most recent building codes apply with Masterbuild guarantee. Due to population increasing and desire to stay near CBD apartment is not a bad option anymore.
YeahNah
on Jun 20, 2022:
Most NZ houses are terrible, uninsulated, unheated and built out of paper-thin materials that disintegrate after 10 years or so. To get something livable you'd need to spend at least $1.6m. Stay away from "Stucco" houses and do not buy an apartment or a house that touches or shares any part with someone else's house. Freehold or nothing, you have been warned.