Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 601.46 |
| Mortgage as Percentage of Income: | 9,593.03% |
| Loan Affordability Index: | 0.01 |
| Price to Rent Ratio - City Centre: | 14.05 |
| Price to Rent Ratio - Outside of Centre: | 544.93 |
| Gross Rental Yield (City Centre): | 7.12% |
| Gross Rental Yield (Outside of Centre): | 0.18% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 12,363.96 K | |
| Apartment (1 bedroom) Outside of Centre | 2,501.03 K | |
| Apartment (3 bedrooms) in City Centre | 12,437.50 K | |
| Apartment (3 bedrooms) Outside of Centre | 3,357.14 K | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,822.55 K | |
| Price per Square Feet to Buy Apartment Outside of Centre | 24,464.26 K | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,220.83 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.17 |
These data are based on 53 entries in the past 18 months from 11 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
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