Property Prices in Ningbo, China

Index Info
Price to Income Ratio: 28.98
Mortgage as Percentage of Income: 230.19%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 56.15
Price to Rent Ratio - Outside of Centre: 56.41
Gross Rental Yield (City Centre): 1.78%
Gross Rental Yield (Outside of Centre): 1.77%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,725.00 ¥ 1,900.00-4,000.00
Apartment (1 bedroom) Outside of Centre 1,850.00 ¥ 1,400.00-3,000.00
Apartment (3 bedrooms) in City Centre 6,250.00 ¥ 5,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 3,600.00 ¥ 3,000.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,483.84 ¥ 2,787.07-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 2,192.49 ¥ 1,858.05-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,271.75 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.04 4.30-5.60

These data are based on 42 entries in the past 18 months from 7 different contributors.
Last update: August 2024

Sources and References
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