Property Prices in Fredericton, Canada

Index Info
Price to Income Ratio: 3.59
Mortgage as Percentage of Income: 32.81%
Loan Affordability Index: 3.05
Price to Rent Ratio - City Centre: 9.22
Price to Rent Ratio - Outside of Centre: 9.01
Gross Rental Yield (City Centre): 10.84%
Gross Rental Yield (Outside of Centre): 11.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,442.86 C$ 1,200.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,091.67 C$ 1,000.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,357.14 C$ 2,000.00-2,600.00
Apartment (3 bedrooms) Outside of Centre 2,033.33 C$ 1,800.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 258.50 C$ 250.00-267.00
Price per Square Feet to Buy Apartment Outside of Centre 202.53 C$ 182.60-225.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,459.89 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.79 5.60-6.90

These data are based on 62 entries in the past 18 months from 11 different contributors.
Last update: November 2024

Sources and References
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