Property Prices Comparison Between Auckland and Melbourne 

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Rent Per Month
Auckland Edit Melbourne Edit Difference
Apartment (1 bedroom) in City Centre 2,194.42 NZ$
(1,992.35 A$)
2,711.25 NZ$
(2,461.59 A$)
     +23.6 %
Apartment (1 bedroom) Outside of Centre 2,011.45 NZ$
(1,826.23 A$)
2,152.18 NZ$
(1,954.00 A$)
     +7.0 %
Apartment (3 bedrooms) in City Centre 4,153.96 NZ$
(3,771.45 A$)
5,165.66 NZ$
(4,690.00 A$)
     +24.4 %
Apartment (3 bedrooms) Outside of Centre 3,301.40 NZ$
(2,997.40 A$)
3,203.54 NZ$
(2,908.55 A$)
     -3.0 %
Buy Apartment Price
Auckland Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,389.11 NZ$
(1,261.20 A$)
1,344.13 NZ$
(1,220.36 A$)
     -3.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,310.43 NZ$
(1,189.76 A$)
1,094.09 NZ$
(993.34 A$)
     -16.5 %
Salaries And Financing
Auckland Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 5,769.40 NZ$
(5,238.14 A$)
6,787.25 NZ$
(6,162.27 A$)
     +17.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.92 6.60      -4.5 %
Last update: May 2024May 2024
Contributors in the past 12 months:276412