Property Prices in Invercargill, New Zealand
| Index |  |
|---|---|
| Price to Income Ratio: | 7.86 |
| Mortgage as Percentage of Income: | 72.38% |
| Loan Affordability Index: | 1.38 |
| Price to Rent Ratio - City Centre: | 48.08 |
| Price to Rent Ratio - Outside of Centre: | 28.15 |
| Gross Rental Yield (City Centre): | 2.08% |
| Gross Rental Yield (Outside of Centre): | 3.55% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,066.67 NZ$ | |
| Apartment (1 bedroom) Outside of Centre | 973.33 NZ$ | |
| Apartment (3 bedrooms) in City Centre | 1,466.67 NZ$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,766.67 NZ$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 929.02 NZ$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 557.41 NZ$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,088.42 NZ$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.87 |
These data are based on 25 entries in the past 18 months from 5 different contributors.
Last update: December 2023
Sources and References
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Nearby cities:| Property Prices in Riverton | 25.73 miles |
| Property Prices in Gore | 39.60 miles |
| Property Prices in Queenstown | 116.79 miles |
| Property Prices in Dunedin | 127.22 miles |
| Property Prices in Cromwell | 144.88 miles |
| Property Prices in Wanaka | 151.34 miles |
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