|Price to Income Ratio:||6.95|
|Mortgage as Percentage of Income:||61.10%|
|Loan Affordability Index:||1.64|
|Price to Rent Ratio - City Centre:||23.50|
|Price to Rent Ratio - Outside of Centre:||17.11|
|Gross Rental Yield (City Centre):||4.25%|
|Gross Rental Yield (Outside of Centre):||5.84%|
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Rent Per Month
|Apartment (1 bedroom) in City Centre||2,000.00 NZ$|
|Apartment (1 bedroom) Outside of Centre||2,000.00 NZ$|
|Apartment (3 bedrooms) in City Centre||3,400.00 NZ$||3,200.00-3,600.00|
|Apartment (3 bedrooms) Outside of Centre||3,100.00 NZ$||3,000.00-3,200.00|
Buy Apartment Price
|Price per Square Feet to Buy Apartment in City Centre||929.02 NZ$|
|Price per Square Feet to Buy Apartment Outside of Centre||650.32 NZ$|
Salaries And Financing
|Average Monthly Net Salary (After Tax)||6,113.25 NZ$|
|Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate||6.28||2.75-6.80|
These data are based on 18 entries in the past 18 months from 5 different contributors.
Last update: July 2023
No sources and references provided yet.