Property Prices in Cook Islands

Index Info
Price to Income Ratio: 9.46
Mortgage as Percentage of Income: 102.15%
Loan Affordability Index: 0.98
Price to Rent Ratio - City Centre: 74.96
Price to Rent Ratio - Outside of Centre: 7.81
Gross Rental Yield (City Centre): 1.33%
Gross Rental Yield (Outside of Centre): 12.81%
Rent Per Month
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Apartment (1 bedroom) in City Centre 530.00 NZ$ 260.00-800.00
Apartment (1 bedroom) Outside of Centre 480.00 NZ$ 260.00-700.00
Apartment (3 bedrooms) in City Centre 940.00 NZ$ 380.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 940.00 NZ$ 380.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 799.99 NZ$
Price per Square Feet to Buy Apartment Outside of Centre 78.97 NZ$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,500.00 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.00 8.00-10.00

These data are based on 13 entries in the past 18 months from 2 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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