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Property Prices in South Korea

Index Info
Price to Income Ratio: 15.13
Mortgage as Percentange of Income: 105.24%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 57.54
Price to Rent Ratio - Outside of Centre: 55.57
Gross Rental Yield (City Centre): 1.74%
Gross Rental Yield (Outside of Centre): 1.80%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 660,136.81 ₩ 400,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 420,855.26 ₩ 280,000.00-600,000.00
Apartment (3 bedrooms) in City Centre 1,751,724.14 ₩ 1,000,000.00-3,500,000.00
Apartment (3 bedrooms) Outside of Centre 1,063,986.31 ₩ 600,000.00-2,000,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 934,179.84 ₩ 436,861.76-1,858,045.34
Price per Square Feet to Buy Apartment Outside of Centre 560,327.15 ₩ 278,706.80-929,022.67
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,657,815.04 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.49 2.50-4.75

These data are based on 448 entries in the past 18 months from 81 different contributors.
Last update: July 2018
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: Busan, Daegu, Incheon, Jeju, Seoul

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