Property Prices in Invercargill, New Zealand

Index Info
Price to Income Ratio: 7.57
Mortgage as Percentage of Income: 68.95%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 48.08
Price to Rent Ratio - Outside of Centre: 28.15
Gross Rental Yield (City Centre): 2.08%
Gross Rental Yield (Outside of Centre): 3.55%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre NZ$1,066.67 400.00-1,600.00
1 Bedroom Apartment Outside of City Centre NZ$973.33 320.00-1,400.00
3 Bedroom Apartment in City Centre NZ$1,466.67 600.00-2,200.00
3 Bedroom Apartment Outside of City Centre NZ$1,766.67 1,600.00-2,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre NZ$929.02
Price per Square Feet to Buy Apartment Outside of Centre NZ$557.41 278.71-836.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) NZ$5,282.17
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.72 4.95-7.00

These data are based on 26 entries from 5 contributors over the past 18 months.
Last update: 3 October 2025

Sources and References
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