Property Prices in Dunedin, New Zealand

Index Info
Price to Income Ratio: 3.63
Mortgage as Percentage of Income: 33.96%
Loan Affordability Index: 2.94
Price to Rent Ratio - City Centre: 14.98
Price to Rent Ratio - Outside of Centre: 12.84
Gross Rental Yield (City Centre): 6.68%
Gross Rental Yield (Outside of Centre): 7.79%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,547.50 NZ$ 1,200.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,225.00 NZ$ 1,000.00-1,820.00
Apartment (3 bedrooms) in City Centre 2,716.50 NZ$ 2,166.00-3,400.00
Apartment (3 bedrooms) Outside of Centre 2,265.40 NZ$ 2,160.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 464.51 NZ$
Price per Square Feet to Buy Apartment Outside of Centre 322.70 NZ$ 278.71-366.69
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,833.33 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.07 6.80-8.00

These data are based on 41 entries in the past 18 months from 8 different contributors.
Last update: December 2024

Sources and References
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