Property Prices in Surrey, Canada

Index Info
Price to Income Ratio: 10.52
Mortgage as Percentage of Income: 94.20%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 29.29
Price to Rent Ratio - Outside of Centre: 22.81
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 4.38%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,905.56 C$ 1,700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,588.89 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,442.86 C$ 3,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,561.11 C$ 2,200.00-4,000.00
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) 4,689.70 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.51 2.20-8.75

These data are based on 82 entries in the past 18 months from 20 different contributors.
Last update: September 2023

Sources and References
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