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Property Prices in South Korea

Index Info
Price to Income Ratio: 13.93
Mortgage as Percentange of Income: 97.27%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 53.61
Price to Rent Ratio - Outside of Centre: 51.88
Gross Rental Yield (City Centre): 1.87%
Gross Rental Yield (Outside of Centre): 1.93%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 653,454.89 ₩ 400,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 416,044.58 ₩ 270,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,531,622.80 ₩ 800,000.00-3,300,000.00
Apartment (3 bedrooms) Outside of Centre 983,759.36 ₩ 550,000.00-2,000,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 806,702.37 ₩ 464,511.33-1,393,534.00
Price per Square Feet to Buy Apartment Outside of Centre 499,270.87 ₩ 237,714.71-929,022.67
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,522,203.47 ₩
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 3.53 3.00-4.50

These data are based on 394 entries in the past 18 months from 72 different contributors.
Last update: December 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!