Property Prices in Windhoek, Namibia

Index Info
Price to Income Ratio: 5.18
Mortgage as Percentage of Income: 65.48%
Loan Affordability Index: 1.53
Price to Rent Ratio - City Centre: 6.58
Price to Rent Ratio - Outside of Centre: 8.9
Gross Rental Yield (City Centre): 15.19%
Gross Rental Yield (Outside of Centre): 11.23%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,422.22 N$ 6,000.0-12,000.0
Apartment (1 bedroom) Outside of Centre 5,312.95 N$ 3,100.0-10,000.0
Apartment (3 bedrooms) in City Centre 21,722.22 N$ 15,000.0-35,000.0
Apartment (3 bedrooms) Outside of Centre 17,833.33 N$ 8,500.0-35,088.95
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,269.31 N$ 1,145.08-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 1,331.6 N$ 929.02-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,517.21 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.32 7.8-15.0

These data are based on 72 entries in the past 18 months from 14 different contributors.
Last update: October 2024

Sources and References
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