Property Prices in Cromwell, New Zealand

Index Info
Price to Income Ratio: 8.25
Mortgage as Percentage of Income: 74.37%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 27.98
Price to Rent Ratio - Outside of Centre: 28.05
Gross Rental Yield (City Centre): 3.57%
Gross Rental Yield (Outside of Centre): 3.56%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,600.00 NZ$
1 Bedroom Apartment Outside of City Centre 1,300.00 NZ$
3 Bedroom Apartment in City Centre 2,800.00 NZ$
3 Bedroom Apartment Outside of City Centre 2,300.00 NZ$ 2,200.00-2,400.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 895.95 NZ$
Price per Square Feet to Buy Apartment Outside of Centre 733.56 NZ$
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,317.00 NZ$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.60

These data are based on 9 entries from 2 contributors over the past 18 months.
Last update: 21 October 2024

Sources and References
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