Property Market Data for Salem

Property Index Value
House Price to Income Ratio 4.56
1856
Mortgage as % of Income 55.85
1177
Loan Affordability Index 1.79
1027
Price to Rent Ratio City Centre 14.04
1739
Price to Rent Ratio Outside Centre 10.73
1959
Gross Rental Yield City Centre 7.12
797
Gross Rental Yield Outside Centre 9.32
544

Price Per Sq.ft. Value Range
City Centre Apartment Prices 1858.05 -
Outside Centre Apartment Prices 1021.92 -

Rental Per Month Value Range
Apartment (1 bed) in City Centre 5125.00 -
Apartment (1 bed) Outside Centre 4000.00 -
Apartment (3 bed) in City Centre 14833.33 -
Apartment (3 bed) Outside Centre 10000.00 -
Price to Rent Ratio City Centre 14.04 14.04 - 14.04
Price to Rent Ratio Outside Centre 10.73 10.73 - 10.73
Gross Rental Yield City Centre 7.12 7.12 - 7.12
Gross Rental Yield Outside Centre 9.32 9.32 - 9.32

Median Income Value Range
Net monthly disposable income 17000.00 -
Annual mortgage interest rate % 11.61 -