Rent Per Month | |
Range |
---|---|---|
Apartment (1 bedroom) in City Centre | 1,793.11 NZ$ | |
Apartment (1 bedroom) Outside of Centre | 1,505.46 NZ$ | |
Apartment (3 bedrooms) in City Centre | 3,021.34 NZ$ | |
Apartment (3 bedrooms) Outside of Centre | 2,403.99 NZ$ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 877.37 NZ$ | |
Price per Square Feet to Buy Apartment Outside of Centre | 672.09 NZ$ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 4,634.62 NZ$ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.42 |
These data are based on 1318 entries in the past 18 months from 201 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.
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 | 10.8 | 3.4 | 3.9 | 29.0 | 25.3 | 83.1 | 1.2 | |
Christchurch | 4.8 | 5.7 | 9.2 | 17.7 | 10.9 | 35.0 | 2.9 | |
Dunedin | 4.9 | 5.7 | 5.6 | 17.4 | 17.8 | 32.9 | 3.0 | |
Hamilton | 9.1 | 3.9 | 4.0 | 25.9 | 25.1 | 66.5 | 1.5 | |
Tauranga | 5.4 | 7.9 | 8.5 | 12.7 | 11.8 | 37.8 | 2.6 | |
Wellington | 12.9 | 4.5 | 4.3 | 22.4 | 23.1 | 102.2 | 1.0 |