Property Prices in Surrey, Canada

Index Info
Price to Income Ratio: 9.62
Mortgage as Percentage of Income: 77.97%
Loan Affordability Index: 1.28
Price to Rent Ratio - City Centre: 32.06
Price to Rent Ratio - Outside of Centre: 25.68
Gross Rental Yield (City Centre): 3.12%
Gross Rental Yield (Outside of Centre): 3.89%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,705.00 C$ 1,450.00-2,250.00
Apartment (1 bedroom) Outside of Centre 1,377.27 C$ 1,100.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,225.00 C$ 2,750.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,350.00 C$ 1,700.00-2,700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,133.32 C$ 600.00-1,799.99
Price per Square Feet to Buy Apartment Outside of Centre 699.99 C$ 500.00-899.99
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,127.64 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.28 2.00-8.75

These data are based on 72 entries in the past 18 months from 16 different contributors.
Last update: March 2023

Sources and References
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