Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 533.85 |
| Mortgage as Percentage of Income: | 8,024.45% |
| Loan Affordability Index: | 0.01 |
| Price to Rent Ratio - City Centre: | 15.76 |
| Price to Rent Ratio - Outside of Centre: | 558.40 |
| Gross Rental Yield (City Centre): | 6.34% |
| Gross Rental Yield (Outside of Centre): | 0.18% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 15,200.68 K | |
| Apartment (1 bedroom) Outside of Centre | 2,651.47 K | |
| Apartment (3 bedrooms) in City Centre | 11,437.50 K | |
| Apartment (3 bedrooms) Outside of Centre | 2,812.50 K | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 3,584.91 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) | 1,413.89 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.12 |
These data are based on 63 entries in the past 18 months from 12 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
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