Property Market Data for New Zealand

Selected Cities in New Zealand

Property Index Value
House Price to Income Ratio 7.13
138
Mortgage as % of Income 56.68
134
Loan Affordability Index 1.76
39
Price to Rent Ratio City Centre 18.97
88
Price to Rent Ratio Outside Centre 16.38
109
Gross Rental Yield City Centre 5.27
93
Gross Rental Yield Outside Centre 6.11
68

Macro Data Value
GDP Per Capita ($) 44342.16
GDP Growth Rate 3.00
Population Growth Rate 1.51

Median Income Value Range
Net monthly disposable income 3296.87 2100.00 - 4300.00
Annual mortgage interest rate % 5.04 5.40 - 6.40

Rental Per Month Value Range
Apartment (1 bed) in City Centre 1397.48 900.00 - 1735.00
Apartment (1 bed) Outside Centre 1072.24 720.00 - 1300.00
Apartment (3 bed) in City Centre 2336.68 1400.00 - 2850.00
Apartment (3 bed) Outside Centre 1900.24 1200.00 - 2200.00
Price to Rent Ratio City Centre 18.97 18.97 - 18.97
Price to Rent Ratio Outside Centre 16.38 16.38 - 16.38
Gross Rental Yield City Centre 5.27 5.27 - 5.27
Gross Rental Yield Outside Centre 6.11 6.11 - 6.11

Price Per Sq.ft. Value Range
City Centre Apartment Prices 520.19 232.26 - 696.77
Outside Centre Apartment Prices 353.44 179.30 - 464.51