Property Prices in Papua New Guinea

Index Info
Price to Income Ratio: 243.52
Mortgage as Percentage of Income: 3,388.97%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 44.16
Price to Rent Ratio - Outside of Centre: 138.56
Gross Rental Yield (City Centre): 2.26%
Gross Rental Yield (Outside of Centre): 0.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 5,333.33 K 2,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 1,820.00 K 800.00-4,000.00
Apartment (3 bedrooms) in City Centre 8,333.33 K 5,000.00-13,000.00
Apartment (3 bedrooms) Outside of Centre 4,100.00 K 2,500.00-7,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 4,490.28 K 4,180.60-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 5,690.26 K 1,858.05-13,935.34
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,125.00 K
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.83 8.50-19.00

These data are based on 56 entries in the past 18 months from 9 different contributors.
Last update: March 2021
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