Property Prices in Christchurch, New Zealand
| Index |  |
|---|---|
| Price to Income Ratio: | 5.31 |
| Mortgage as Percentage of Income: | 49.25% |
| Loan Affordability Index: | 2.03 |
| Price to Rent Ratio - City Centre: | 11.58 |
| Price to Rent Ratio - Outside of Centre: | 12.60 |
| Gross Rental Yield (City Centre): | 8.64% |
| Gross Rental Yield (Outside of Centre): | 7.94% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,459.40 NZ$ | |
| Apartment (1 bedroom) Outside of Centre | 2,220.00 NZ$ | |
| Apartment (3 bedrooms) in City Centre | 3,971.43 NZ$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,828.57 NZ$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 550.54 NZ$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 492.38 NZ$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,284.88 NZ$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.96 |
These data are based on 106 entries in the past 18 months from 26 different contributors.
Last update: May 2024
Sources and References
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Nearby cities:| Property Prices in Ashburton | 54.21 miles |
| Property Prices in Timaru | 110.00 miles |
| Property Prices in Dunedin | 227.22 miles |
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