Property Prices in Vernon, BC, Canada

Index Info
Price to Income Ratio: 4.30
Mortgage as Percentange of Income: 31.25%
Loan Affordability Index: 3.20
Price to Rent Ratio - City Centre: 10.96
Price to Rent Ratio - Outside of Centre: 11.70
Gross Rental Yield (City Centre): 9.13%
Gross Rental Yield (Outside of Centre): 8.55%
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Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,025.00 C$ 900.00-1,200.00
Apartment (1 bedroom) Outside of Centre 1,008.33 C$ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,120.00 C$ 1,500.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,800.00 C$ 1,400.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 242.90 C$ 185.80-300.00
Price per Square Feet to Buy Apartment Outside of Centre 238.26 C$ 176.51-300.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,008.00 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.95-4.00

These data are based on 36 entries in the past 18 months from 6 different contributors.
Last update: August 2019

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