NUMBEO

Property Prices in New Zealand

Index Info
Price to Income Ratio: 7.32
Mortgage as Percentange of Income: 57.58%
Loan Affordability Index: 1.74
Price to Rent Ratio - City Centre: 20.53
Price to Rent Ratio - Outside of Centre: 16.93
Gross Rental Yield (City Centre): 4.87%
Gross Rental Yield (Outside of Centre): 5.91%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 1,384.06 NZ$ 900.00-1,914.00
Apartment (1 bedroom) Outside of Centre 1,083.67 NZ$ 650.00-1,522.00
Apartment (3 bedrooms) in City Centre 2,240.43 NZ$ 1,500.00-3,480.00
Apartment (3 bedrooms) Outside of Centre 1,874.79 NZ$ 1,200.00-2,600.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 549.82 NZ$ 232.26-929.02
Price per Square Feet to Buy Apartment Outside of Centre 365.40 NZ$ 204.38-663.51
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 3,364.42 NZ$
Mortgage Interest Rate in Percentages (%), Yearly 4.92 4.24-5.75

These data are based on 676 entries in the past 18 months from 118 different contributors.
Last update: February, 2017
Our data for each country are based on all entries from all cities in that country.

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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 9.88 4.13 4.56 24.20 21.93 76.95 1.30
Christchurch 6.82 6.96 7.31 14.36 13.67 52.51 1.90
Hamilton 2.90 9.04 5.05 11.06 19.79 22.98 4.35
Wellington 5.51 5.39 6.46 18.56 15.47 42.92 2.33
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Property Prices in this country for some cities: Auckland, Christchurch, Dunedin, Hamilton, Queenstown, Rotorua, Tauranga, Wellington

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