Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 398.11 |
| Mortgage as Percentage of Income: | 5,512.16% |
| Loan Affordability Index: | 0.02 |
| Price to Rent Ratio - City Centre: | 15.04 |
| Price to Rent Ratio - Outside of Centre: | 511.75 |
| Gross Rental Yield (City Centre): | 6.65% |
| Gross Rental Yield (Outside of Centre): | 0.20% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 12,793.04 K | |
| Apartment (1 bedroom) Outside of Centre | 2,200.00 K | |
| Apartment (3 bedrooms) in City Centre | 14,750.00 K | |
| Apartment (3 bedrooms) Outside of Centre | 3,000.00 K | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 3,269.32 K | |
| Price per Square Feet to Buy Apartment Outside of Centre | 20,330.97 K | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,595.24 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 12.75 |
These data are based on 55 entries from 10 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
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