Property Prices in Cork, Ireland

Index Info
Price to Income Ratio: 6.27
Mortgage as Percentage of Income: 43.08%
Loan Affordability Index: 2.32
Price to Rent Ratio - City Centre: 13.98
Price to Rent Ratio - Outside of Centre: 12.82
Gross Rental Yield (City Centre): 7.15%
Gross Rental Yield (Outside of Centre): 7.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,192.69 € 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 987.76 € 800.00-1,250.00
Apartment (3 bedrooms) in City Centre 1,918.12 € 1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,562.50 € 1,300.00-1,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 321.72 € 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 242.71 € 204.38-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,424.17 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 2.30-5.00

These data are based on 288 entries in the past 18 months from 49 different contributors.
Last update: January 2021

Sources and References
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