Property Prices in Windhoek, Namibia

Index Info
Price to Income Ratio: 4.83
Mortgage as Percentage of Income: 60.02%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 9.10
Price to Rent Ratio - Outside of Centre: 9.51
Gross Rental Yield (City Centre): 10.99%
Gross Rental Yield (Outside of Centre): 10.52%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 6,350.00 N$ 4,000.00-9,000.00
Apartment (1 bedroom) Outside of Centre 4,238.00 N$ 3,000.00-7,000.00
Apartment (3 bedrooms) in City Centre 14,941.39 N$ 11,000.00-18,000.00
Apartment (3 bedrooms) Outside of Centre 12,857.14 N$ 8,500.00-20,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,333.64 N$ 1,273.74-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 1,068.38 N$ 929.02-1,207.73
Salaries And Financing
Average Monthly Net Salary (After Tax) 13,375.00 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.04 9.00-15.00

These data are based on 67 entries in the past 18 months from 15 different contributors.
Last update: May 2023

Sources and References
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