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Property Prices in South Korea

Index Info
Price to Income Ratio: 13.99
Mortgage as Percentange of Income: 97.05%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 54.97
Price to Rent Ratio - Outside of Centre: 46.46
Gross Rental Yield (City Centre): 1.82%
Gross Rental Yield (Outside of Centre): 2.15%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 642,697.46 ₩ 400,000.00-1,100,000.00
Apartment (1 bedroom) Outside of Centre 423,241.37 ₩ 270,000.00-650,000.00
Apartment (3 bedrooms) in City Centre 1,480,574.38 ₩ 800,000.00-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 986,273.31 ₩ 550,000.00-2,000,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 806,288.84 ₩ 464,511.33-1,452,828.91
Price per Square Feet to Buy Apartment Outside of Centre 451,429.76 ₩ 224,271.94-836,120.40
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 2,418,627.78 ₩
Mortgage Interest Rate in Percentages (%), Yearly 3.46 3.00-4.50

These data are based on 370 entries in the past 18 months from 69 different contributors.
Last update: March, 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: Busan, Daegu, Incheon, Seoul

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