Property Prices in Hamilton, New Zealand

Index Info
Price to Income Ratio: 9.05
Mortgage as Percentage of Income: 83.14%
Loan Affordability Index: 1.20
Price to Rent Ratio - City Centre: 27.10
Price to Rent Ratio - Outside of Centre: 25.93
Gross Rental Yield (City Centre): 3.69%
Gross Rental Yield (Outside of Centre): 3.86%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,611.50 NZ$ 1,126.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,435.33 NZ$ 1,040.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,559.33 NZ$ 2,000.00-3,100.00
Apartment (3 bedrooms) Outside of Centre 2,410.00 NZ$ 2,030.00-3,466.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 838.44 NZ$ 650.32-1,207.73
Price per Square Feet to Buy Apartment Outside of Centre 731.61 NZ$ 603.86-929.02
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,666.53 NZ$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.83 6.80-6.99

These data are based on 44 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References
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2 Comments so far
Raj on Sep 06, 2021:
one bedroom rent in city centre range is $970-1200 per month.
kathy leedhamk on Feb 23, 2021:
I would information on prices for single family homes.