Rent Per Month | |
Range |
---|---|---|
Apartment (1 bedroom) in City Centre | 1,858.33 NZ$ | |
Apartment (1 bedroom) Outside of Centre | 1,561.05 NZ$ | |
Apartment (3 bedrooms) in City Centre | 3,090.64 NZ$ | |
Apartment (3 bedrooms) Outside of Centre | 2,532.25 NZ$ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 1,032.66 NZ$ | |
Price per Square Feet to Buy Apartment Outside of Centre | 860.23 NZ$ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 4,844.50 NZ$ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.86 |
These data are based on 1338 entries in the past 18 months from 213 different contributors.
Last update: December 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 | 13.7 | 3.2 | 3.1 | 31.6 | 32.4 | 127.0 | 0.8 | |
Christchurch | 4.6 | 6.7 | 6.9 | 14.9 | 14.6 | 42.1 | 2.4 | |
Dunedin | 3.4 | 6.0 | 7.3 | 16.7 | 13.7 | 31.7 | 3.2 | |
Hamilton | 7.9 | 4.1 | 4.1 | 24.6 | 24.4 | 72.7 | 1.4 | |
Palmerston North | 4.8 | 6.0 | 5.2 | 16.7 | 19.3 | 44.1 | 2.3 | |
Tauranga | 4.2 | 8.1 | 10.2 | 12.4 | 9.8 | 38.3 | 2.6 | |
Wellington | 14.6 | 4.1 | 4.1 | 24.2 | 24.4 | 134.9 | 0.7 |