Property Prices in Cork, Ireland

Index Info
Price to Income Ratio: 5.28
Mortgage as Percentage of Income: 35.16%
Loan Affordability Index: 2.84
Price to Rent Ratio - City Centre: 11.72
Price to Rent Ratio - Outside of Centre: 10.86
Gross Rental Yield (City Centre): 8.54%
Gross Rental Yield (Outside of Centre): 9.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,366.00 € 1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,128.82 € 850.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,318.42 € 1,800.00-3,100.00
Apartment (3 bedrooms) Outside of Centre 1,697.06 € 1,400.00-2,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 316.04 € 232.26-418.06
Price per Square Feet to Buy Apartment Outside of Centre 230.08 € 204.38-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,784.47 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.01 2.30-4.00

These data are based on 190 entries in the past 18 months from 37 different contributors.
Last update: August 2022

Sources and References
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