Property Prices in Papua New Guinea

Index Info
Price to Income Ratio: 147.58
Mortgage as Percentange of Income: 2,062.16%
Loan Affordability Index: 0.05
Price to Rent Ratio - City Centre: 33.22
Price to Rent Ratio - Outside of Centre: 35.65
Gross Rental Yield (City Centre): 3.01%
Gross Rental Yield (Outside of Centre): 2.81%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 3,581.56 K 1,200.00-7,500.00
Apartment (1 bedroom) Outside of Centre 3,750.00 K 3,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 18,366.67 K 7,000.00-28,000.00
Apartment (3 bedrooms) Outside of Centre 8,375.00 K 5,000.00-12,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 4,418.80 K
Price per Square Feet to Buy Apartment Outside of Centre 3,002.97 K
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 1,353.33 K
Mortgage Interest Rate in Percentages (%), Yearly 12.90 5.00-25.00

These data are based on 27 entries in the past 18 months from 6 different contributors.
Last update: July 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!