Property Prices in New Zealand

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,356.66 NZ$	900.00-1,900.00
Apartment (1 bedroom) Outside of Centre	1,075.43 NZ$	650.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,241.45 NZ$	1,500.00-3,480.00
Apartment (3 bedrooms) Outside of Centre	1,852.21 NZ$	1,211.57-2,500.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	488.20 NZ$	232.26-929.02
Price per Square Feet to Buy Apartment Outside of Centre	378.34 NZ$	213.68-724.64
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,391.72 NZ$
Mortgage Interest Rate in Percentages (%), Yearly	4.91	4.20-5.75

These data are based on 755 entries in the past 18 months from 125 different contributors.
Last update: July 2017
Our data for each country are based on all entries from all cities in that country.

By City in New Zealand

Rank	City	Price To Income Ratio	Gross Rental Yield City Centre	Gross Rental Yield Outside of Centre	Price To Rent Ratio City Centre	Price To Rent Ratio Outside Of City Centre	Mortgage As A Percentage Of Income	Affordability Index
	Auckland	10.35	4.08	4.39	24.49	22.80	80.01	1.25
	Christchurch	6.21	6.35	7.29	15.74	13.71	47.74	2.09
	Hamilton	3.60	6.94	4.36	14.41	22.95	28.63	3.49
	Wellington	4.91	5.49	6.13	18.21	16.32	38.71	2.58

We would like to gather more data for: Ashburton, Canterbury, Cromwell, Dargaville, Eltham, Feilding, Fox Glacier, Geraldine, Gore, Greymouth, Hammer Springs, ... Update information for New Zealand!