Property Prices in Surrey, Canada

Index Info
Price to Income Ratio: 20.18
Mortgage as Percentage of Income: 185.36%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 29.28
Price to Rent Ratio - Outside of Centre: 31.93
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 3.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,471.43 C$ 2,000.00-2,900.00
Apartment (1 bedroom) Outside of Centre 2,100.00 C$ 1,800.00-2,400.00
Apartment (3 bedrooms) in City Centre 4,266.67 C$ 3,500.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 3,275.00 C$ 2,500.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,439.99 C$ 836.12-2,043.85
Price per Square Feet to Buy Apartment Outside of Centre 1,277.41 C$ 743.22-1,811.59
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,623.04 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.83 6.76-6.90

These data are based on 63 entries in the past 18 months from 14 different contributors.
Last update: June 2024

Sources and References
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