Global Property Guide

Financial Information for Residential Property Buyers


Price/Rent Ratio - New Zealand Compared to Pacific

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Click name of country for detailed information
Australia 40 yrs
New Zealand 18 yrs

New Zealand: Price/rent ratio

This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 so the higher the yield, the lower the price/rent ratio.

When wereas theise data collected? Click on individual countries to see the data collection date.


New Zealand has a quarterly house price index, available from the Reserve Bank of New Zealand. Monthly median house prices are published by the Real Estate Institute of New Zealand (REINZ), which also publishes residential market news. Rental market data are freely available from the Massey University Real Estate Analysis Unit.

General economics statistics are from the Reserve Bank of New Zealand.