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Property Prices in Kelowna, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 5.36 |
| Mortgage as Percentange of Income: | 37.16% |
| Loan Affordability Index: | 2.69 |
| Price to Rent Ratio - City Centre: | 13.81 |
| Price to Rent Ratio - Outside of Centre: | 13.89 |
| Gross Rental Yield (City Centre): | 7.24% |
| Gross Rental Yield (Outside of Centre): | 7.20% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,216.67 C$ | |
| Apartment (1 bedroom) Outside of Centre | 991.18 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,330.00 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,886.25 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 350.50 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 286.29 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,197.32 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.46 |
These data are based on 115 entries in the past 18 months from 20 different contributors.
Last update: December 2018
Sources and References:
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