× Pacific Regional Statistics Square Meter Prices Rental Yields Rents Price/Rent Ratio Price/GDP per Cap Buy/Sell Costs Rental Income Tax Capital Gains Tax Price Change 1 yr Price Change 5 yrs Price Change 10 yrs Landlord & Tenant Law GDP Per Capita GDP/Cap Growth 1 yr GDP/Cap Growth 5 yrs Economic Freedom Competitiveness Property Rights Index Currency +/- Value Taxes on Residents Move to Region ... Asia Europe Africa Caribbean Pacific Middle East North America Latin America House Prices/GDP per Capita in Pacific Home Pacific House Prices/GDP per Capita Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank Click name of country for detailed information Australia 20.70x New Zealand 8.98x Pacific: House price to income ratio The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries. The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures. Statistics for the Pacific Region. The bright spots in the Pacific are Australia and New Zealand, both countries which publish excellent house price statistics, as well as very good general economics statistics.