Property Prices in Davao, Philippines

Index Info
Price to Income Ratio: 36.32
Mortgage as Percentage of Income: 361.17%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 36.49
Price to Rent Ratio - Outside of Centre: 32.34
Gross Rental Yield (City Centre): 2.74%
Gross Rental Yield (Outside of Centre): 3.09%
Rent Per Month
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Apartment (1 bedroom) in City Centre 15,750.00 ₱ 11,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 10,833.33 ₱ 6,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 30,670.83 ₱ 24,025.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 16,400.00 ₱ 10,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 12,077.29 ₱ 11,148.27-13,935.34
Price per Square Feet to Buy Apartment Outside of Centre 6,593.48 ₱ 1,199.99-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,833.33 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.88 5.00-10.00

These data are based on 57 entries in the past 18 months from 12 different contributors.
Last update: December 2020

Sources and References
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