Property Prices in Cork, Ireland

Index Info
Price to Income Ratio: 5.90
Mortgage as Percentage of Income: 39.84%
Loan Affordability Index: 2.51
Price to Rent Ratio - City Centre: 12.84
Price to Rent Ratio - Outside of Centre: 12.86
Gross Rental Yield (City Centre): 7.79%
Gross Rental Yield (Outside of Centre): 7.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,429.17 € 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,156.82 € 850.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,430.00 € 1,900.00-3,100.00
Apartment (3 bedrooms) Outside of Centre 1,786.36 € 1,400.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 362.61 € 255.48-474.00
Price per Square Feet to Buy Apartment Outside of Centre 282.23 € 204.38-348.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,939.92 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.16 2.58-4.00

These data are based on 221 entries in the past 18 months from 39 different contributors.
Last update: June 2023

Sources and References
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