Property Prices in Port Moresby, Papua New Guinea
| Index |  |
|---|---|
| Price to Income Ratio: | 378.63 |
| Mortgage as Percentage of Income: | 5,982.92% |
| Loan Affordability Index: | 0.02 |
| Price to Rent Ratio - City Centre: | 2.41 |
| Price to Rent Ratio - Outside of Centre: | 544.63 |
| Gross Rental Yield (City Centre): | 41.57% |
| Gross Rental Yield (Outside of Centre): | 0.18% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 9,061.67 K | |
| Apartment (1 bedroom) Outside of Centre | 2,060.00 K | |
| Apartment (3 bedrooms) in City Centre | 14,357.14 K | |
| Apartment (3 bedrooms) Outside of Centre | 4,125.00 K | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 418.06 K | |
| Price per Square Feet to Buy Apartment Outside of Centre | 23,892.23 K | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,727.78 K | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.00 |
These data are based on 49 entries in the past 18 months from 10 different contributors.
Last update: January 2025
Sources and References
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Nearby cities:| Property Prices in Boroko | 4.27 miles |
| Property Prices in Kerema | 191.42 miles |
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