Property Prices in Christchurch, New Zealand
| Index |  |
|---|---|
| Price to Income Ratio: | 6.32 |
| Mortgage as Percentage of Income: | 57.87% |
| Loan Affordability Index: | 1.73 |
| Price to Rent Ratio - City Centre: | 14.59 |
| Price to Rent Ratio - Outside of Centre: | 14.29 |
| Gross Rental Yield (City Centre): | 6.85% |
| Gross Rental Yield (Outside of Centre): | 7.00% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,650.00 NZ$ | |
| Apartment (1 bedroom) Outside of Centre | 2,033.33 NZ$ | |
| Apartment (3 bedrooms) in City Centre | 3,330.00 NZ$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,326.00 NZ$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 677.44 NZ$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 492.38 NZ$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,982.37 NZ$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.80 |
These data are based on 78 entries from 19 contributors over the past 18 months.
Last update: April 2025
Sources and References
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Nearby Cities:| Property Prices in Ashburton | 54.21 miles |
| Property Prices in Timaru | 110.00 miles |
| Property Prices in Dunedin | 227.22 miles |
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