Rent Per Month | Edit | Range |
---|---|---|
Apartment (1 bedroom) in City Centre | 1,861.32 NZ$ | |
Apartment (1 bedroom) Outside of Centre | 1,606.28 NZ$ | |
Apartment (3 bedrooms) in City Centre | 3,054.39 NZ$ | |
Apartment (3 bedrooms) Outside of Centre | 2,563.37 NZ$ | |
Buy Apartment Price | Edit | |
Price per Square Feet to Buy Apartment in City Centre | 995.04 NZ$ | |
Price per Square Feet to Buy Apartment Outside of Centre | 834.17 NZ$ | |
Salaries And Financing | Edit | |
Average Monthly Net Salary (After Tax) | 4,972.56 NZ$ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.91 |
These data are based on 1300 entries in the past 18 months from 216 different contributors.
Last update: April 2024
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 | 12.9 | 3.2 | 3.1 | 31.3 | 32.6 | 119.4 | 0.8 | |
Christchurch | 5.3 | 8.5 | 7.3 | 11.8 | 13.7 | 49.6 | 2.0 | |
Dunedin | 8.9 | 2.9 | 3.7 | 34.2 | 26.9 | 83.0 | 1.2 | |
Hamilton | 8.7 | 4.1 | 4.5 | 24.3 | 22.0 | 79.6 | 1.3 | |
Palmerston North | 4.5 | 6.0 | 5.2 | 16.7 | 19.3 | 41.5 | 2.4 | |
Tauranga | 6.5 | 4.7 | 8.7 | 21.5 | 11.5 | 58.8 | 1.7 | |
Wellington | 15.2 | 4.1 | 4.1 | 24.4 | 24.2 | 140.9 | 0.7 |