Property Prices in Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 609.09 |
| Mortgage as Percentage of Income: | 9,714.60% |
| Loan Affordability Index: | 0.01 |
| Price to Rent Ratio - City Centre: | 17.38 |
| Price to Rent Ratio - Outside of Centre: | 558.88 |
| Gross Rental Yield (City Centre): | 5.75% |
| Gross Rental Yield (Outside of Centre): | 0.18% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 9,666.67 K | |
| Apartment (1 bedroom) Outside of Centre | 2,411.37 K | |
| Apartment (3 bedrooms) in City Centre | 10,785.71 K | |
| Apartment (3 bedrooms) Outside of Centre | 3,333.33 K | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,822.55 K | |
| Price per Square Feet to Buy Apartment Outside of Centre | 24,464.26 K | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,205.56 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.17 |
These data are based on 53 entries in the past 18 months from 10 different contributors.
Last update: December 2022
Our data for each country are based on all entries from all cities in that country.
Sources and References
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