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Property Prices in Bergen, Norway

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Index Info
Price to Income Ratio: 8.92
Mortgage as Percentange of Income: 63.64%
Loan Affordability Index: 1.57
Price to Rent Ratio - City Centre: 24.26
Price to Rent Ratio - Outside of Centre: 22.14
Gross Rental Yield (City Centre): 4.12%
Gross Rental Yield (Outside of Centre): 4.52%

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Rent Per Month [Edit] Avg.
Range
Apartment (1 bedroom) in City Centre 10,166.67 kr
9,000.00
12,000.00
Apartment (1 bedroom) Outside of Centre 7,766.67 kr
6,500.00
8,500.00
Apartment (3 bedrooms) in City Centre 18,043.85 kr
16,000.00
19,500.00
Apartment (3 bedrooms) Outside of Centre 14,375.00 kr
14,000.00
15,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 4,967.17 kr
4,645.11
5,295.43
Price per Square Feet to Buy Apartment Outside of Centre 3,530.29 kr
2,879.97
3,808.99
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 25,625.00 kr
19,000.00
30,000.00
Mortgage Interest Rate in Percentages (%), Yearly 3.78
3.00
4.00

These data are based on 633 entries in the past 18 months from 73 different contributors.

Last update: August, 2015

country data (source CIA, 2013)
GDP Per Capita ($) : 55,400.00
GDP Growth Rate: 1.60%
Population Growth Rate: 1.19%
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1 Comments so far

#Kim Eikevik on May 29, 2015 :
How much would an older 3 bedroom house rent for monthly in a small town about 1 1/2 hrs north of Bergen on Masfjorden?

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