Property Prices in Noumea, New Caledonia

Index Info
Price to Income Ratio: 8.15
Mortgage as Percentage of Income: 51.84%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 26.85
Price to Rent Ratio - Outside of Centre: 25.87
Gross Rental Yield (City Centre): 3.72%
Gross Rental Yield (Outside of Centre): 3.87%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 82,500.00 F 65,000.00-100,000.00
Apartment (1 bedroom) Outside of Centre 81,250.00 F 70,000.00-90,000.00
Apartment (3 bedrooms) in City Centre 165,000.00 F 140,000.00-220,000.00
Apartment (3 bedrooms) Outside of Centre 137,500.00 F 110,000.00-150,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 47,147.90 F 41,806.02-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 41,457.64 F 32,515.79-60,386.47
Salaries And Financing
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Average Monthly Net Salary (After Tax) 292,500.00 F
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.50 2.00-3.00

These data are based on 42 entries in the past 18 months from 6 different contributors.
Last update: November 2024

Sources and References
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