Property Prices in New Westminster, Canada

Index Info
Price to Income Ratio: 8.89
Mortgage as Percentange of Income: 57.20%
Loan Affordability Index: 1.75
Price to Rent Ratio - City Centre: 24.50
Price to Rent Ratio - Outside of Centre: 24.00
Gross Rental Yield (City Centre): 4.08%
Gross Rental Yield (Outside of Centre): 4.17%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,393.44 C$ 1,200.00-1,500.00
Apartment (1 bedroom) Outside of Centre 1,137.47 C$ 980.00-1,450.00
Apartment (3 bedrooms) in City Centre 2,283.33 C$ 1,600.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 1,900.00 C$ 1,600.00-3,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 663.99 C$ 516.07-999.99
Price per Square Feet to Buy Apartment Outside of Centre 535.50 C$ 500.00-571.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,630.00 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.62 2.30-4.00

These data are based on 37 entries in the past 18 months from 9 different contributors.
Last update: December 2018

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