Property Prices in Honiara, Solomon Islands

Index Info
Price to Income Ratio: 627.18
Mortgage as Percentage of Income: 10,283.01%
Loan Affordability Index: 0.01
Price to Rent Ratio - City Centre: 635.31
Price to Rent Ratio - Outside of Centre: 494.16
Gross Rental Yield (City Centre): 0.16%
Gross Rental Yield (Outside of Centre): 0.20%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 4,500.00 SI$ 3,500.00-6,000.00
Apartment (1 bedroom) Outside of Centre 5,250.00 SI$ 3,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 10,300.00 SI$ 6,500.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 7,000.00 SI$ 4,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 65,031.59 SI$ 65,031.59-65,031.59
Price per Square Feet to Buy Apartment Outside of Centre 46,451.09 SI$ 46,451.04-46,451.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,783.33 SI$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.67 10.00-20.00

These data are based on 34 entries in the past 18 months from 7 different contributors.
Last update: December 2024

Sources and References
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