Property Prices in Porirua, New Zealand

Index Info
Price to Income Ratio: 12.22
Mortgage as Percentage of Income: 87.11%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 102.42
Price to Rent Ratio - Outside of Centre: 62.38
Gross Rental Yield (City Centre): 0.98%
Gross Rental Yield (Outside of Centre): 1.60%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 450.00 NZ$
Apartment (1 bedroom) Outside of Centre 350.00 NZ$
Apartment (3 bedrooms) in City Centre 800.00 NZ$
Apartment (3 bedrooms) Outside of Centre 1,581.00 NZ$ 600.00-2,562.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 929.02 NZ$
Price per Square Feet to Buy Apartment Outside of Centre 743.22 NZ$
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,683.33 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.77 3.55-4.00

These data are based on 11 entries in the past 18 months from 2 different contributors.
Last update: November 2020

Sources and References
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