Vanuatu

What the data says about Vanuatu

Not opinions — arithmetic. Each of these came out of the registers and the listings themselves, and each links to the page it was computed from so you can check it. 5 of them today.

Geography Where is the biggest price gap in Vanuatu? The median home in CBD asks VT 420,000,000; in Malapoa, Port Vila it asks VT 150,000. Same island, 2800.0× the price. What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth. See what this is built from What things cost Which bedroom costs the most in Vanuatu? Going from 2 bedrooms to 3 adds VT 37,800,000 to the median asking price — more than any other step on the ladder. What would make this wrong: A 3-bed house is not a 2-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom. See what this is built from The market How concentrated is Vanuatu's market? Three agents hold 54% of everything advertised — 173, 170, 122 listings out of 859. 11 agents share the rest. What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here. See what this is built from The market Do agents agree on what a house is worth? 1 property is marketed by more than one agent here. Both figures are published as given. See what this is built from This week What has moved in Vanuatu this week? 754 listings appeared, 6 had their price cut and 8 went up. We read every agent's site overnight, so this is the week as it happened. See what this is built from

The island most like this one

On asking price and market size, St Kitts & Nevis is Vanuatu's closest match anywhere on this site — a median of $435,576 (£318,963) against VT 47,000,000 (£292,470), across 473 listings against 854. Put them side by side

What the same money buys elsewhere

The median Vanuatu asking price, converted, against other islands' medians.

IslandTheir medianWhat Vanuatu money buys
SamoaWS$250,0004.3 homes at their median
Dominica$204,5982.0 homes at their median
Belize$235,0001.7 homes at their median
BahrainBD 90,0001.7 homes at their median

Converted at the previous day's reference rates. It compares medians, not like-for-like houses — an island of flats will always look cheap against an island of villas.

The questions people actually ask The market report