Residential Property Pricing in Port Moresby
Taking into account the current real estate market in Port Moresby, there are 245 residential properties available for rent. The price range for these properties varies from K1,075,000 to K2,500,000, with a median property price of K1,700,000.
Popular Property Types and Features
The distribution of property types in the market is extensive, spanning nine different categories, predominantly including apartments, houses, blocks of units, and serviced apartments. The most sought-after features of these properties are a combination of full furnishing, air conditioning, backup water, and proximity to shops.
The standard bedroom count for homes in this area predominantly falls within the range of 2 to 3 bedrooms, with 3-bedroom properties being the most popular in Port Moresby. A majority of these properties also offer between 1 and 2 bathrooms, with the median number of parking spaces set at 2 per property.
Our data suggests that the majority of properties in Port Moresby are South-facing, followed by West and North-east facing options.
Generally, residential properties in Port Moresby have an average floor area of 102 square meters, although the size can vary from as low as 44 square meters to as much as 198 square meters.
Notably, the latest available property was listed 3 days and 10 hours ago. A handful of different agencies are representing these properties, with Hausples Support and DAC Real Estate Head Office standing out as the top agencies.