Property Prices in New Caledonia

Index Info
Price to Income Ratio: 8.71
Mortgage as Percentage of Income: 55.01%
Loan Affordability Index: 1.82
Price to Rent Ratio - City Centre: 28.96
Price to Rent Ratio - Outside of Centre: 29.97
Gross Rental Yield (City Centre): 3.45%
Gross Rental Yield (Outside of Centre): 3.34%
Rent Per Month
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Apartment (1 bedroom) in City Centre 81,666.67 F 60,000.00-100,000.00
Apartment (1 bedroom) Outside of Centre 73,000.00 F 60,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 151,666.67 F 110,000.00-180,000.00
Apartment (3 bedrooms) Outside of Centre 132,000.00 F 110,000.00-150,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 48,618.85 F 43,664.07-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 44,438.25 F 35,767.37-60,386.47
Salaries And Financing
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Average Monthly Net Salary (After Tax) 287,500.00 F
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.42 2.00-3.00

These data are based on 48 entries in the past 18 months from 8 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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