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Map of Kouray Road O2, Tokarara, Port Moresby, NCD

1 Bed, 1 Bath Apartment for Rent in Tokarara

Kouray Road O2, Tokarara, Port Moresby, NCD

K550/wkK12per m² per annumAbout 40% under the district's rate per m²

Listed 6 years, 5 months agolast updated 2 years agoworth asking whether it is still available

1 bedroom1 bathroom45 m² floorFloor 1Floor 1Completed 2020

From the agency

About this property

1 Bedroom unit

Currently available for immediate lease is this brand new spacious 1 bedroom unit along Kouray way. The unit is close to schools,shops, bustops and hospital. If your are working at Town or Waigani CBD, than look no further as this property is just 5 minutes drive away to reach your workplace. The unit is newly built and is suitable for singles girls or young couple with one child. The rental rate is K550per Week plus GST negotiable. We have our own securities and on-site and a maintenance team that are availab for any urgent matters.

Market intelligence

Where this home sits

From the 256 Apartments and Condos for Rent in Port Moresby on the market right now

Tokarara has only 1 of this kind listed, so this compares against Port Moresby.

Weekly renthigher than 1%

cheapest heredearest here

K550/wk against a district median of K2,500/wk. The middle 60% of the 255 Apartments and Condos for Rent in Port Moresby that publish a rent ask between K1,500/wk and K4,500/wk.

Spacelarger than 15%

smallest herelargest here

45 m² — larger than 15% of the 56 Apartments and Condos for Rent in Port Moresby that publish both a price and a floor area. Of the 255 that publish a price, 199 publish no floor area at all. The median is 105 m², and the largest tenth start at 300 m².

K2,500/wkDistrict median
K20Median per m² a month
K12This home per m² a month

Put those two together and the price makes sense: it asks less because there is less of it, not because it is good value for what it is. Per square metre this home works out at K12 a month against a district median of K20, which is above 25% of the 56 Apartments and Condos for Rent in Port Moresby that publish both a rent and a floor area. That is 14 of them asking less per square metre than this one, and 41 asking more.

Rent per m² a month, against the district

Every figure here is a monthly asking rent divided by a floor area, across the 56 Apartments and Condos for Rent in Port Moresby that publish both.

The cheapest quarterthe 25th percentileK12/m²
This homeK550/wk over 45 m²K12/m²
Typical herethe district medianK20/m²
The dearest quarterthe 75th percentileK33/m²

The wider market

The same measure — monthly rent divided by floor area — across this district, the one above it and the city.

Port Moresby56 of 256 publish a floor areaK20/m²
NCD56 of 256 publish a floor areaK20/m²

255 of 256 listings carry a price · the per-m² figures use the 56 that also publish a floor area; 199 publish none · These are asking prices on live listings, not sold prices — Papua New Guinea has no public record of what homes actually sell for · See all 256 in Port Moresby →

The home

What this offers

Features

Close to Health CentresClose to SchoolsClose to ShopsClose to Transport

Amenities

LaundrySecure Car Park

Security

24 Hour SecuritySecurity LightsSecurity Windows
Property typeApartment
Property ID15169
Original IDPPL3/1
Listed6 years, 5 months ago
Updated2 years ago

The neighbourhood

Location

Kouray Road O2, Tokarara, Port Moresby, NCD

Tokarara

District guide

Tokarara

Across every residential property in this area, not only this kind. The ranges are the middle 60% of asking prices — the same measure the market figures above use, over a wider set.

Keep looking

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K550/wk