Property Prices in Windhoek, Namibia

Index Info
Price to Income Ratio: 4.78
Mortgage as Percentage of Income: 60.42%
Loan Affordability Index: 1.66
Price to Rent Ratio - City Centre: 6.67
Price to Rent Ratio - Outside of Centre: 8.73
Gross Rental Yield (City Centre): 15.00%
Gross Rental Yield (Outside of Centre): 11.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,280.00 N$ 6,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 5,124.59 N$ 3,100.00-10,000.00
Apartment (3 bedrooms) in City Centre 21,722.22 N$ 15,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 18,833.33 N$ 12,000.00-36,267.73
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,275.07 N$ 1,156.60-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 1,331.60 N$ 929.02-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,683.88 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.32 7.80-15.00

These data are based on 77 entries in the past 18 months from 15 different contributors.
Last update: November 2024

Sources and References
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