Area guide

Port Moresby

NCD

Homes ask a median K2,500,000, level with NCD. Renting runs K2,500 a week, a 1.2% gross yield on that price.

Median asking price
K2,500,000
Middle half K1.2M to K5.8M
level with NCD
Median asking rent
K2,500 /wk
Middle half K1k to K5k
level with NCD
Prais bilong wanpela m²
Not published
Needs 30 homes stating a floor area
 
Gross yield
1.2%
Median rent × 12 over median price
 

Where it sits

The sangkats of Port Moresby, side by side

Every figure below is measured the same way, at the same moment, for all 25 of them. That is the only thing that makes a number like this mean anything.

Your money here

What a budget actually reaches in Port Moresby

Drag the figure. The bars are the homes listed in Port Moresby right now, grouped by what they ask.

1
0
0
0
3
0
43
K20k
K60k
K60k
K100k
K100k
K150k
K150k
K220k
K220k
K320k
K320k
K500k
K500k
K1.5M
K220,000

1 of the 166 homes for sale in Port Moresby ask this or less - 1% of what is on the market here.

That is below the cheapest quarter of this market.

165 of the 166 homes for sale carry a price. The rest are price on application: counted as supply, never inside a median.

Compared

The sangkats of Port Moresby, side by side

Two counts cannot tell you which one to live in. Tap a heading to re-rank.

Korobosea1413
8 mile1213
Gerehu104
Touaguba Hill921
2 Mile87
9 Mile80
Boroko847K1,650
Tokarara77
Town784K3,665
Ela Beach632K3,600
Gabutu60
7 mile519
Boroko East59
Gordons520
Hohola513
Konedobu58
Other40
Waigani416
Malolo Estate30
Napa Napa30
5 mile019
6 Mile05
Gordons 508
Islander Village05
Paga Hill011

A dash is not a zero. A median needs 30 priced listings behind it and a yield needs 30 on each side; 25 of these fall under that on at least one measure, so those figures are withheld rather than printed off a handful of homes.

Straight questions

The questions people ask about Port Moresby

Answered from the listings themselves, and recomputed every morning.

How much does it cost to buy in Port Moresby?

The typical home for sale asks K2,500,000. Half of the 166 on the market ask less than that, and the middle half sit between K1,200,000 and K5,750,000.

How much is rent in Port Moresby?

The typical asking rent is K2,500 a month, out of 388 rentals listed. The middle half ask between K1,300 and K4,500.

Is Port Moresby expensive?

It asks almost exactly what NCD asks overall.

What return do landlords get in Port Moresby?

Median rent over a year against the median asking price is 1.2%, before any costs. It compares asking prices with asking rents, not signed contracts.

What kind of property is for sale in Port Moresby?

Mostly haus, apatmen, graun. Of the 166 homes for sale, 55 are listed as haus.

Living here

What Port Moresby is actually like

Port Moresby is a vibrant and culturally rich city known for its natural beauty, diverse population, and unique attractions. The city offers a fascinating blend of traditional Melanesian culture and modern development.

 Port Moresby is a melting pot of cultures, with over 800 languages spoken across the country. This diversity is reflected in the city's vibrant art scene, colorful markets, and traditional performances that showcase the rich heritage of Papua New Guinea.

Surrounded by lush rainforests, pristine beaches, and crystal-clear waters, Port Moresby offers nature enthusiasts a paradise to explore. From snorkeling in the coral reefs of the nearby islands to trekking in the rugged mountains, there is no shortage of outdoor adventures to be had in and around the city.

As the capital of Papua New Guinea, Port Moresby is rich in history and heritage. Visitors can explore the National Museum and Art Gallery to learn about the country's diverse cultural past, or visit the iconic Kokoda Track, a World War II battlefield that holds profound historical significance. While embracing its cultural roots, Port Moresby is also a city on the rise, with modern infrastructure, luxury hotels, and world-class dining options catering to both business travelers and tourists. The city's growing economy and strategic location make it a hub for commerce and trade in the Asia-Pacific region.

From its rich cultural tapestry and stunning natural landscapes to its modern amenities and historical landmarks, Port Moresby is a city that captures the essence of Papua New Guinea's unique identity. Whether you are seeking adventure, relaxation, or cultural immersion, this vibrant capital has something to offer every traveler. 

Every word above is already written, and already on the site.

From here

On the market in Port Moresby right now

2 to 1rentals outnumber homes for sale. Port Moresby is a landlord’s market before it is a buyer’s one.
15listings can be walked through on video before you visit in person.
25 of 166homes for sale state a floor area, which is what makes a price per square metre a real division.

Straight answers

What these figures are, and what we will not print

Where these figures come from, and where they stop.

Asking, not sold

Every price here is what a seller or landlord advertises on this site today. Cambodia publishes no register of transaction prices, so nobody can honestly print what homes actually sold for.

Why there is no price chart

Our historical figures are not measured consistently enough to compare one year with another, so we would rather show no trend line than a misleading one.

Small samples are withheld

A median needs 30 priced listings behind it, and a yield needs 30 on each side. Below that the figure is a dash. A dash is an admission; a number would be a claim.

Per square metre is computed

Price divided by floor area, every time, over the homes that state one. The per-square-metre figure agents type into the listing form is never used here.

These counts match the search

Every count is what the search results page returns for the same area, because it is the same query.

Written by people

The sections under "Living here" were researched, written and photographed for this site. Nothing on this page is generated prose.