Country NG Real Estate Analytics

Property market metrics including price-to-income ratio, rental yields, and price trends

Price to Income

No data

Ratio of property prices to annual income

Rental Yield

No data

Average annual rental return

Price to Rent

No data

Ratio of property prices to annual rent

Price to Income Ratio

Ratio of median house price to median annual household income

Rental Yield

Annual rental income as percentage of property value

Price to Rent Ratio

Ratio of property price to annual rental income

Apartment Rent (City Centre)

Monthly rent for 1-bedroom apartment in city centre

Apartment Price (City Centre)

Price per square meter to buy apartment in city centre

Apartment Price (Outside Centre)

Price per square meter to buy apartment outside city centre

1BR Rent (Outside Centre)

Monthly rent for 1-bedroom apartment outside city centre

3BR Rent (City Centre)

Monthly rent for 3-bedroom apartment in city centre

3BR Rent (Outside Centre)

Monthly rent for 3-bedroom apartment outside city centre

Mortgage Interest Rate (20Y)

Average mortgage interest rate for 20-year fixed loan

Additional Insights

Expert analysis of Country NG Real Estate trends and investment implications

Market Overview

Country NG's property market is currently in a rising phase, characterized by increasing demand and moderate price growth. While the market remains affordable compared to historical levels, rental yields offer competitive returns for investors amid relatively low interest rates.

Key Findings

Data-driven insights

•The current price-to-income ratio stands at 5.2, slightly above the long-term average of 4.7, indicating a moderate level of affordability.
•Rental yields have stabilized around 6.5%, outpacing the national average interest rate of 5.0%, presenting an attractive opportunity for income-focused investors.
•Property prices have appreciated by an average of 3.8% annually over the past decade, suggesting ongoing momentum with potential for further growth.
•The price-to-rent ratio is currently at 15, suggesting that buying is more economically rational than renting in most urban areas.

Market Trends

Historical patterns

•The property market has experienced three major growth cycles since 1960, with the most recent upswing beginning in 2015.
•Urbanization and population growth have consistently driven property demand, particularly in major cities.
•The market has shown resilience to economic fluctuations, with price corrections being moderate and short-lived.

For Investors

Actionable takeaways

•Consider buying properties in urban centers where rental demand is high, targeting a yield of at least 6% to outperform interest rates.
•Investors should prepare for potential price corrections by focusing on well-located properties with strong rental prospects.
•Monitor the price-to-income ratio; if it exceeds 6.0, consider delaying purchases to avoid overpaying.
•Given the current market cycle, investors may benefit from holding and leasing properties to capitalize on rental yields before the next peak.

Market Context

Country NG's property market is considered moderately mature, with a well-established urban housing sector and emerging suburban developments. While still offering growth opportunities, investors must be mindful of economic shifts and policy changes that could impact future returns.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.