Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 92.59 |
| Mortgage as Percentage of Income: | 1,291.87% |
| Loan Affordability Index: | 0.08 |
| Price to Rent Ratio - City Centre: | 29.71 |
| Price to Rent Ratio - Outside of Centre: | 32.36 |
| Gross Rental Yield (City Centre): | 3.37% |
| Gross Rental Yield (Outside of Centre): | 3.09% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 4,375.00 K | |
| Apartment (1 bedroom) Outside of Centre | 2,575.00 K | |
| Apartment (3 bedrooms) in City Centre | 13,000.00 K | |
| Apartment (3 bedrooms) Outside of Centre | 5,666.67 K | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 3,406.42 K | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,858.05 K | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 1,530.00 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 12.88 |
These data are based on 38 entries in the past 18 months from 7 different contributors.
Last update: April 2020
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