Property Prices in Ningbo, China

Index
Price to Income Ratio:	17.33
Mortgage as Percentage of Income:	130.71%
Loan Affordability Index:	0.77
Price to Rent Ratio - City Centre:	69.52
Price to Rent Ratio - Outside of Centre:	47.81
Gross Rental Yield (City Centre):	1.44%
Gross Rental Yield (Outside of Centre):	2.09%

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Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,941.44 ¥	1,500.00-2,500.00
Apartment (1 bedroom) Outside of Centre	1,783.33 ¥	1,000.00-4,400.00
Apartment (3 bedrooms) in City Centre	4,300.00 ¥	3,000.00-8,500.00
Apartment (3 bedrooms) Outside of Centre	2,883.33 ¥	1,800.00-4,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	3,019.32 ¥	2,787.07-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre	1,649.02 ¥	1,393.53-1,858.05
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	7,250.00 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.42	3.00-6.00

These data are based on 56 entries in the past 18 months from 9 different contributors.
Last update: August 2020

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country data (source The World Bank, 2019)
GDP Per Capita ($) :	18,200.00
GDP Growth Rate:	6.90%
Population Growth Rate:	0.41%