Property Prices in Napier, New Zealand

Index Info
Price to Income Ratio: 3.11
Mortgage as Percentage of Income: 27.91%
Loan Affordability Index: 3.58
Price to Rent Ratio - City Centre: 8.34
Price to Rent Ratio - Outside of Centre: 8.64
Gross Rental Yield (City Centre): 12.00%
Gross Rental Yield (Outside of Centre): 11.57%

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Rent Per Month
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1 Bedroom Apartment in City Centre NZ$2,135.00 1,820.00-2,670.00
1 Bedroom Apartment Outside of City Centre NZ$1,886.50 1,516.00-2,030.00
3 Bedroom Apartment in City Centre NZ$3,001.00 2,600.00-4,000.00
3 Bedroom Apartment Outside of City Centre NZ$2,638.75 2,600.00-2,945.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre NZ$325.16
Price per Square Feet to Buy Apartment Outside of Centre NZ$297.29
Salaries And Financing
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Average Monthly Net Salary (After Tax) NZ$5,386.31
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.54 5.79-7.00

These data are based on 40 entries from 8 contributors over the past 18 months.
Last update: 13 December 2025

Sources and References
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