Property Prices in Port Moresby, Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 357.75 |
| Mortgage as Percentage of Income: | 5,131.82% |
| Loan Affordability Index: | 0.02 |
| Price to Rent Ratio - City Centre: | 13.11 |
| Price to Rent Ratio - Outside of Centre: | 416.84 |
| Gross Rental Yield (City Centre): | 7.63% |
| Gross Rental Yield (Outside of Centre): | 0.24% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 9,074.00 K | |
| Apartment (1 bedroom) Outside of Centre | 2,500.00 K | |
| Apartment (3 bedrooms) in City Centre | 16,875.00 K | |
| Apartment (3 bedrooms) Outside of Centre | 4,125.00 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) | 1,713.33 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 13.33 |
These data are based on 40 entries from 7 contributors over the past 18 months.
Last update: April 2025
Sources and References
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