Property Prices in Daegu, South Korea

Index Info
Price to Income Ratio: 12.66
Mortgage as Percentage of Income: 88.26%
Loan Affordability Index: 1.13
Price to Rent Ratio - City Centre: 46.68
Price to Rent Ratio - Outside of Centre: 63.83
Gross Rental Yield (City Centre): 2.14%
Gross Rental Yield (Outside of Centre): 1.57%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 464,500.00 ₩ 400,000.00-550,000.00
Apartment (1 bedroom) Outside of Centre 287,500.00 ₩ 200,000.00-450,000.00
Apartment (3 bedrooms) in City Centre 1,400,000.00 ₩ 800,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,033,333.33 ₩ 600,000.00-1,700,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 572,897.31 ₩ 464,511.33-650,315.87
Price per Square Feet to Buy Apartment Outside of Centre 538,833.15 ₩ 278,706.80-1,858,045.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,362,500.00 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.52 3.00-3.60

These data are based on 57 entries in the past 18 months from 10 different contributors.
Last update: April 2021

Sources and References
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