Property Prices in Hamilton, New Zealand

Index Info
Price to Income Ratio: 8.68
Mortgage as Percentage of Income: 79.55%
Loan Affordability Index: 1.26
Price to Rent Ratio - City Centre: 24.28
Price to Rent Ratio - Outside of Centre: 22.04
Gross Rental Yield (City Centre): 4.12%
Gross Rental Yield (Outside of Centre): 4.54%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,611.50 NZ$ 1,126.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,576.50 NZ$ 1,040.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,513.00 NZ$ 2,000.00-3,100.00
Apartment (3 bedrooms) Outside of Centre 2,563.50 NZ$ 2,030.00-3,466.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 745.54 NZ$ 650.32-836.12
Price per Square Feet to Buy Apartment Outside of Centre 673.54 NZ$ 603.86-743.22
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,397.11 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.80 4.80-9.00

These data are based on 54 entries in the past 18 months from 9 different contributors.
Last update: February 2024

Sources and References
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2 Comments so far
Raj on Sep 06, 2021:
one bedroom rent in city centre range is $970-1200 per month.
kathy leedhamk on Feb 23, 2021:
I would information on prices for single family homes.