Property Prices in Papua New Guinea

Index Info
Price to Income Ratio: 253.84
Mortgage as Percentage of Income: 4,048.63%
Loan Affordability Index: 0.02
Price to Rent Ratio - City Centre: 15.21
Price to Rent Ratio - Outside of Centre: 120.80
Gross Rental Yield (City Centre): 6.57%
Gross Rental Yield (Outside of Centre): 0.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 9,666.67 K 2,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 2,589.91 K 500.00-6,439.46
Apartment (3 bedrooms) in City Centre 9,166.67 K 5,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 4,166.67 K 2,500.00-7,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 2,346.21 K 999.99-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 6,038.65 K 464.51-13,935.34
Salaries And Financing
Average Monthly Net Salary (After Tax) 888.89 K
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.17 12.50-20.00

These data are based on 52 entries in the past 18 months from 9 different contributors.
Last update: May 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Papua-Neuguinea
PortuguêsPreços de Imóveis em Papua Nova Guiné
ItalianoPrezzi delle proprietà immobiliari in Papua Nuova Guinea
FrançaisPrix de l'immobilier en Papouasie-Nouvelle-Guinée
EspañolPrecios de Inmuebles en Papua Nueva Guinea