Property Prices in Papua New Guinea

Index Info
Price to Income Ratio: 107.17
Mortgage as Percentange of Income: 1,479.35%
Loan Affordability Index: 0.07
Price to Rent Ratio - City Centre: 31.17
Price to Rent Ratio - Outside of Centre: 40.11
Gross Rental Yield (City Centre): 3.21%
Gross Rental Yield (Outside of Centre): 2.49%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 4,750.00 K 2,500.00-7,500.00
Apartment (1 bedroom) Outside of Centre 3,320.00 K 1,500.00-5,500.00
Apartment (3 bedrooms) in City Centre 17,500.00 K 6,500.00-28,000.00
Apartment (3 bedrooms) Outside of Centre 6,000.00 K 4,000.00-12,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 4,414.84 K 4,180.60-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 2,704.20 K 1,858.05-3,251.58
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 1,787.50 K
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.70 8.00-19.00

These data are based on 38 entries in the past 18 months from 6 different contributors.
Last update: June 2018
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!