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): 11.1%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,442.86 C$ 1,200.0-1,700.0
Apartment (1 bedroom) Outside of Centre 1,091.67 C$ 1,000.0-1,200.0
Apartment (3 bedrooms) in City Centre 2,357.14 C$ 2,000.0-2,600.0
Apartment (3 bedrooms) Outside of Centre 2,033.33 C$ 1,800.0-2,200.0
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 258.5 C$ 250.0-267.0
Price per Square Feet to Buy Apartment Outside of Centre 202.53 C$ 182.6-225.0
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,459.89 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.79 5.6-6.9

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

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far