Property Prices in Hamilton, Bermuda

Index Info
Price to Income Ratio: 7.16
Mortgage as Percentage of Income: 67.78%
Loan Affordability Index: 1.48
Price to Rent Ratio - City Centre: 13.71
Price to Rent Ratio - Outside of Centre: 9.93
Gross Rental Yield (City Centre): 7.29%
Gross Rental Yield (Outside of Centre): 10.07%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,336.36 $ 2,500.00-4,500.00
Apartment (1 bedroom) Outside of Centre 2,225.00 $ 1,500.00-3,000.00
Apartment (3 bedrooms) in City Centre 8,111.11 $ 6,500.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 6,277.78 $ 4,500.00-9,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,073.52 $ 829.99-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 562.16 $ 529.08-600.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,147.62 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.22 5.00-10.00

These data are based on 82 entries in the past 18 months from 17 different contributors.
Last update: October 2024

Sources and References
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