Property Prices in New Westminster, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 9.70 |
| Mortgage as Percentage of Income: | 90.77% |
| Loan Affordability Index: | 1.10 |
| Price to Rent Ratio - City Centre: | 22.75 |
| Price to Rent Ratio - Outside of Centre: | 24.77 |
| Gross Rental Yield (City Centre): | 4.40% |
| Gross Rental Yield (Outside of Centre): | 4.04% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,171.43 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,737.50 C$ | |
| Apartment (3 bedrooms) in City Centre | 3,100.00 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,840.00 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 907.91 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 836.12 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,838.11 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.08 |
These data are based on 50 entries in the past 18 months from 12 different contributors.
Last update: December 2023
Sources and References
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Nearby cities:| Property Prices in Burnaby | 4.00 miles |
| Property Prices in Port Coquitlam, BC | 9.21 miles |
| Property Prices in Coquitlam | 9.78 miles |
| Property Prices in Vancouver | 11.02 miles |
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