Property Prices Comparison Between New Zealand and Australia 
Rent Per Month | New Zealand Edit |
Australia Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
1,828.83 NZ$ (1,667.20 A$) |
2,481.41 NZ$ (2,262.11 A$) |
+35.7 % |
| Apartment (1 bedroom) Outside of Centre |
1,526.02 NZ$ (1,391.16 A$) |
1,934.33 NZ$ (1,763.39 A$) |
+26.8 % |
| Apartment (3 bedrooms) in City Centre |
2,960.64 NZ$ (2,699.00 A$) |
3,940.93 NZ$ (3,592.65 A$) |
+33.1 % |
| Apartment (3 bedrooms) Outside of Centre |
2,461.17 NZ$ (2,243.66 A$) |
2,870.70 NZ$ (2,617.00 A$) |
+16.6 % |
Buy Apartment Price | New Zealand Edit |
Australia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
945.06 NZ$ (861.54 A$) |
1,160.69 NZ$ (1,058.11 A$) |
+22.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
801.57 NZ$ (730.73 A$) |
833.92 NZ$ (760.22 A$) |
+4.0 % |
Salaries And Financing | New Zealand Edit |
Australia Edit | |
| Average Monthly Net Salary (After Tax) |
5,118.99 NZ$ (4,666.59 A$) |
6,245.52 NZ$ (5,693.57 A$) |
+22.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.87 | 6.38 | -7.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 209 | 408 |
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