Property Prices in Whangarei, New Zealand

Index Info
Price to Income Ratio: 7.87
Mortgage as Percentage of Income: 69.63%
Loan Affordability Index: 1.44
Price to Rent Ratio - City Centre: 45.91
Price to Rent Ratio - Outside of Centre: 40.35
Gross Rental Yield (City Centre): 2.18%
Gross Rental Yield (Outside of Centre): 2.48%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 745.00 NZ$ 460.00-1,650.00
1 Bedroom Apartment Outside of City Centre 740.00 NZ$ 400.00-1,800.00
3 Bedroom Apartment in City Centre 1,416.67 NZ$ 700.00-2,800.00
3 Bedroom Apartment Outside of City Centre 1,012.50 NZ$ 600.00-2,680.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 710.84 NZ$ 506.74-929.02
Price per Square Feet to Buy Apartment Outside of Centre 539.86 NZ$ 427.35-650.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,276.80 NZ$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.36 5.00-7.50

These data are based on 48 entries from 8 contributors over the past 18 months.
Last update: 2 January 2026

Sources and References
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