Property Prices in Surrey, Canada

Index Info
Price to Income Ratio: 16.04
Mortgage as Percentage of Income: 146.93%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 27.35
Price to Rent Ratio - Outside of Centre: 29.46
Gross Rental Yield (City Centre): 3.66%
Gross Rental Yield (Outside of Centre): 3.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,208.31 C$ 1,800.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,875.00 C$ 1,400.00-2,400.00
Apartment (3 bedrooms) in City Centre 4,233.33 C$ 3,500.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 3,366.67 C$ 2,500.00-4,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,259.99 C$ 836.12-2,043.85
Price per Square Feet to Buy Apartment Outside of Centre 1,118.27 C$ 743.22-1,811.59
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,989.70 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.80 5.50-6.90

These data are based on 99 entries in the past 18 months from 20 different contributors.
Last update: December 2024

Sources and References
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