Property Prices in Wellington, New Zealand

Index Info
Price to Income Ratio: 13.48
Mortgage as Percentage of Income: 124.68%
Loan Affordability Index: 0.8
Price to Rent Ratio - City Centre: 24.08
Price to Rent Ratio - Outside of Centre: 24.15
Gross Rental Yield (City Centre): 4.15%
Gross Rental Yield (Outside of Centre): 4.14%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,490.47 NZ$ 2,000.0-3,070.0
Apartment (1 bedroom) Outside of Centre 2,201.07 NZ$ 1,700.0-2,720.0
Apartment (3 bedrooms) in City Centre 4,217.47 NZ$ 3,200.0-5,050.0
Apartment (3 bedrooms) Outside of Centre 3,588.81 NZ$ 3,000.0-4,200.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,183.07 NZ$ 1,077.67-1,300.63
Price per Square Feet to Buy Apartment Outside of Centre 1,031.95 NZ$ 873.28-1,184.5
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,422.42 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.93 6.65-7.5

These data are based on 194 entries in the past 18 months from 33 different contributors.
Last update: October 2024

Sources and References
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2 Comments so far
Henri Bou Saab on Jan 12, 2021:
Looking for a town house 2 bedroom in mount Victoria Wellington with s small garden
yr on Nov 04, 2020:
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