Property Prices in Wellington, New Zealand

Index Info
Price to Income Ratio: 6.43
Mortgage as Percentage of Income: 49.47%
Loan Affordability Index: 2.02
Price to Rent Ratio - City Centre: 17.26
Price to Rent Ratio - Outside of Centre: 14.12
Gross Rental Yield (City Centre): 5.80%
Gross Rental Yield (Outside of Centre): 7.08%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,057.14 NZ$ 1,800.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,560.62 NZ$ 1,120.00-2,080.00
Apartment (3 bedrooms) in City Centre 3,307.69 NZ$ 3,000.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,573.33 NZ$ 2,100.00-3,420.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 684.96 NZ$ 464.51-929.02
Price per Square Feet to Buy Apartment Outside of Centre 429.66 NZ$ 278.71-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,663.69 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.65 3.50-5.00

These data are based on 157 entries in the past 18 months from 31 different contributors.
Last update: May 2021

Sources and References
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3 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:
Mdjxjxjdjjjjjd was the day you were going home to the game today to make sure we had fun with it so you don’t need a lot of energy you’re welcome anytime after the week of January to pick up you the rest of it would be great to be done with you guys in the morning to come to the party tomorrow night j in turn had a Twitter was the second half of the series of games in.
Shiau yuko on May 02, 2020:
Please give me some information price of apartments to sell out country people. About 2-3 bedrooms . The price lowest.