Property Prices in Lower Hutt, New Zealand
| Index |  |
|---|---|
| Price to Income Ratio: | 8.91 |
| Mortgage as Percentage of Income: | 82.99% |
| Loan Affordability Index: | 1.20 |
| Price to Rent Ratio - City Centre: | 22.90 |
| Price to Rent Ratio - Outside of Centre: | 31.83 |
| Gross Rental Yield (City Centre): | 4.37% |
| Gross Rental Yield (Outside of Centre): | 3.14% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,366.67 NZ$ | |
| Apartment (1 bedroom) Outside of Centre | 1,416.67 NZ$ | |
| Apartment (3 bedrooms) in City Centre | 4,133.33 NZ$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,066.67 NZ$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,083.86 NZ$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 836.12 NZ$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,797.81 NZ$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.01 |
These data are based on 26 entries in the past 18 months from 4 different contributors.
Last update: April 2024
Sources and References
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Nearby cities:| Property Prices in Wellington | 10.06 miles |
| Property Prices in Upper Hutt | 11.99 miles |
| Property Prices in Porirua | 15.62 miles |
| Property Prices in Masterton | 52.17 miles |
| Property Prices in Levin | 56.78 miles |
| Property Prices in Blenheim | 86.17 miles |
| Property Prices in Palmerston North | 86.62 miles |
| Property Prices in Whanganui | 119.09 miles |
| Property Prices in Nelson | 151.64 miles |
| Property Prices in Hastings | 182.26 miles |
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