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Property Prices in South Korea

Index Info
Price to Income Ratio: 13.11
Mortgage as Percentange of Income: 91.15%
Loan Affordability Index: 1.10
Price to Rent Ratio - City Centre: 48.66
Price to Rent Ratio - Outside of Centre: 44.92
Gross Rental Yield (City Centre): 2.06%
Gross Rental Yield (Outside of Centre): 2.23%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 667,265.82 ₩ 400,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 422,557.81 ₩ 270,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,606,102.82 ₩ 800,000.00-3,300,000.00
Apartment (3 bedrooms) Outside of Centre 1,025,342.33 ₩ 600,000.00-2,000,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 757,985.24 ₩ 464,511.33-1,393,534.00
Price per Square Feet to Buy Apartment Outside of Centre 444,974.47 ₩ 241,545.89-836,120.40
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,468,743.17 ₩
Mortgage Interest Rate in Percentages (%), Yearly 3.49 3.00-4.50

These data are based on 402 entries in the past 18 months from 74 different contributors.
Last update: August 2017
Our data for each country are based on all entries from all cities in that country.

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More about South Korea: Cost of Living | Crime | Climate | Food Prices | Gas Prices | Health Care | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

Property Prices in this country for some cities: Bucheon, Busan, Daegu, Incheon, Seoul

We would like to gather more data for: Andong, Anseong-si, Boryeong, Changwon, Cheongju, Chinhae, Chungju, Dae-dong Gyeongsan-si, Dongducheon, Donghae, Gangneung, ... Update information for South Korea!