New Zealand Home Pacific New Zealand Regional Statistics Buy/Sell Price in New Zealand More NZ × New Zealand Regional Statistics Square Meter Prices Rental Yields Rents Price/Rent Ratio Price/GDP per Cap Buy/Sell Costs Rental Income Tax Price Change 1 yr Price Change 5 yrs Price Change 10 yrs GDP Per Capita GDP/Cap Growth 1 yr GDP/Cap Growth 5 yrs Economic Freedom Ec. Freedom 5 yrs Competitiveness Property Rights Index Currency +/- Value Taxes on Residents Financial Overview Overview House Prices Market in Depth Rental Yields Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Where to Buy Survey of New Zealand Auckland Canterbury Marlborough Wellington West Coast Key Contacts Accountants Lawyers Real Estate Agents Mortgages Property purchase costs in New Zealand compared to Pacific Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank Click name of country for detailed information Fr. Polynesia 21.28% Vanuatu 13.00% Australia 12.46% Guam 9.60% New Zealand 4.52% PNG 3.51% Fiji 3.00% New Zealand: Round trip transaction costs (%). The total cost of buying and then re-selling a residential property, including all costs (except the sale price itself), expressed as percentage of the property value. Assumptions: The property is purchased by a non-resident foreigner in the country where he/she is buying The property is worth US$250,000 (250,000 for Europe) The property is paid in cash The property is a condominium located in a major city The property is not newly-built The property is bought from an individual and not a developer or real estate holding company. Transaction costs can be broken down into four major cost areas: Registration costs Real estate agent fees Legal fees Sales and transfer taxes Other incidental costs (survey fees, residency permit cost, or company setup costs), are not included in our calculations. In most cases value added tax (VAT) is not included, because our figures reflect the purchase of old, not new, properties. Costs paid by buyers and sellers vary widely. Agents and lawyers costs are often negotiable. Buyers of expensive properties often pay proportionately lower agents fees. For the full spectrum of possible transaction costs see the Country | Buying Guide. For fuller details see the Data FAQ. Source: Global Property Guide Research 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.