Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 37.49 |
| Mortgage as Percentage of Income: | 548.60% |
| Loan Affordability Index: | 0.18 |
| Price to Rent Ratio - City Centre: | 6.35 |
| Price to Rent Ratio - Outside of Centre: | 28.87 |
| Gross Rental Yield (City Centre): | 15.75% |
| Gross Rental Yield (Outside of Centre): | 3.46% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | K7,271.25 | |
| 1 Bedroom Apartment Outside of City Centre | K2,866.67 | |
| 3 Bedroom Apartment in City Centre | K10,685.71 | |
| 3 Bedroom Apartment Outside of City Centre | K4,488.57 | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | K858.64 | |
| Price per Square Feet to Buy Apartment Outside of Centre | K1,579.49 | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | K1,750.00 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 13.67 | |
These data are based on 61 entries from 12 contributors over the past 18 months.
Last update: 3 March 2026
Our data for each country are based on all entries from all cities in that country.
Sources and References
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