Property Prices in Hamilton, New Zealand

Index Info
Price to Income Ratio: 9.02
Mortgage as Percentage of Income: 68.82%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 25.49
Price to Rent Ratio - Outside of Centre: 27.00
Gross Rental Yield (City Centre): 3.92%
Gross Rental Yield (Outside of Centre): 3.70%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,450.00 NZ$ 1,200.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,150.75 NZ$ 900.00-1,516.00
Apartment (3 bedrooms) in City Centre 2,222.22 NZ$ 2,000.00-2,578.00
Apartment (3 bedrooms) Outside of Centre 2,136.88 NZ$ 1,800.00-2,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 699.09 NZ$ 650.32-789.67
Price per Square Feet to Buy Apartment Outside of Centre 638.70 NZ$ 557.41-743.22
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,991.61 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.56 2.60-9.00

These data are based on 71 entries in the past 18 months from 13 different contributors.
Last update: June 2023

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.