Property Prices in Masterton, New Zealand

Index Info
Price to Income Ratio: 3.91
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 9.30
Price to Rent Ratio - Outside of Centre: 12.91
Gross Rental Yield (City Centre): 10.75%
Gross Rental Yield (Outside of Centre): 7.75%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,300.00 NZ$ 1,200.00-1,400.00
Apartment (1 bedroom) Outside of Centre 1,000.00 NZ$ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,066.67 NZ$ 1,800.00-2,400.00
Apartment (3 bedrooms) Outside of Centre 1,350.00 NZ$ 450.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 232.26 NZ$
Price per Square Feet to Buy Apartment Outside of Centre 232.26 NZ$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,200.00 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 13 entries in the past 18 months from 3 different contributors.
Last update: April 2024

Sources and References
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