Property Prices in Daegu, South Korea

Index Info
Price to Income Ratio: 14.20
Mortgage as Percentage of Income: 113.07%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 63.21
Price to Rent Ratio - Outside of Centre: 96.47
Gross Rental Yield (City Centre): 1.58%
Gross Rental Yield (Outside of Centre): 1.04%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 533,331.57 ₩ 493,326.26-600,000.00
Apartment (1 bedroom) Outside of Centre 351,554.73 ₩ 250,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 1,647,032.42 ₩ 1,000,000.00-2,900,000.00
Apartment (3 bedrooms) Outside of Centre 805,256.12 ₩ 600,000.00-2,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 903,358.42 ₩ 743,218.13-1,197,974.76
Price per Square Feet to Buy Apartment Outside of Centre 771,749.64 ₩ 464,511.33-929,022.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,175,000.00 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.07 4.60-5.60

These data are based on 41 entries from 7 contributors over the past 18 months.
Last update: 13 April 2025

Sources and References
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