Property Prices in Port Moresby, Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 348.04 |
| Mortgage as Percentage of Income: | 4,992.60% |
| Loan Affordability Index: | 0.02 |
| Price to Rent Ratio - City Centre: | 15.70 |
| Price to Rent Ratio - Outside of Centre: | 507.86 |
| Gross Rental Yield (City Centre): | 6.37% |
| Gross Rental Yield (Outside of Centre): | 0.20% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 8,145.00 K | |
| Apartment (1 bedroom) Outside of Centre | 2,000.00 K | |
| Apartment (3 bedrooms) in City Centre | 12,833.33 K | |
| Apartment (3 bedrooms) Outside of Centre | 3,500.00 K | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,446.43 K | |
| Price per Square Feet to Buy Apartment Outside of Centre | 20,330.97 K | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,761.11 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 13.33 |
These data are based on 48 entries from 9 contributors over the past 18 months.
Last update: 26 May 2025
Sources and References
Nearby Cities:| Property Prices in Boroko | 4.27 miles |
| Property Prices in Kerema | 191.42 miles |
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