Property Prices in Papua New Guinea

Index Info
Price to Income Ratio: 171.67
Mortgage as Percentange of Income: 2,398.81%
Loan Affordability Index: 0.04
Price to Rent Ratio - City Centre: 29.46
Price to Rent Ratio - Outside of Centre: 32.61
Gross Rental Yield (City Centre): 3.39%
Gross Rental Yield (Outside of Centre): 3.07%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 5,000.00 K 3,000.00-7,500.00
Apartment (1 bedroom) Outside of Centre 3,125.00 K 1,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 17,800.00 K 7,000.00-28,000.00
Apartment (3 bedrooms) Outside of Centre 7,833.33 K 600.00-12,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 4,299.70 K 4,180.60-4,418.80
Price per Square Feet to Buy Apartment Outside of Centre 2,430.51 K 1,858.05-3,002.97
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 1,055.00 K
Mortgage Interest Rate in Percentages (%), Yearly 12.90 5.00-25.00

These data are based on 24 entries in the past 18 months from 4 different contributors.
Last update: September 2017
Our data for each country are based on all entries from all cities in that country.

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Property Prices in this country for some cities: Port Moresby

We would like to gather more data for: Aitape, Alotau, Ambunti, Angoram, Arawa, Balimo, Boroko, Buin, Buka, Bulolo, Finschhafen, ... Update information for Papua New Guinea!