Property Prices in Noumea, New Caledonia

Index Info
Price to Income Ratio: 8.12
Mortgage as Percentage of Income: 51.64%
Loan Affordability Index: 1.94
Price to Rent Ratio - City Centre: 25.64
Price to Rent Ratio - Outside of Centre: 29.97
Gross Rental Yield (City Centre): 3.9%
Gross Rental Yield (Outside of Centre): 3.34%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 82,500.0 F 65,000.0-95,000.0
Apartment (1 bedroom) Outside of Centre 73,000.0 F 60,000.0-90,000.0
Apartment (3 bedrooms) in City Centre 185,000.0 F 140,000.0-220,000.0
Apartment (3 bedrooms) Outside of Centre 132,000.0 F 110,000.0-150,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 47,612.41 F 43,664.07-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 44,438.25 F 35,767.37-60,386.47
Salaries And Financing
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Average Monthly Net Salary (After Tax) 305,000.0 F
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.5 2.0-3.0

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

Sources and References
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