Property Prices in Nara, Japan

Index Info
Price to Income Ratio: 8.96
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 43.47
Price to Rent Ratio - Outside of Centre: 45.26
Gross Rental Yield (City Centre): 2.30%
Gross Rental Yield (Outside of Centre): 2.21%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 73,333.33 ¥ 40,000.00-120,000.00
Apartment (1 bedroom) Outside of Centre 52,333.33 ¥ 37,000.00-80,000.00
Apartment (3 bedrooms) in City Centre 94,500.00 ¥ 79,000.00-110,000.00
Apartment (3 bedrooms) Outside of Centre 72,500.00 ¥ 60,000.00-85,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 56,352.47 ¥
Price per Square Feet to Buy Apartment Outside of Centre 43,035.58 ¥
Salaries And Financing
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Average Monthly Net Salary (After Tax) 298,333.33 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 16 entries in the past 18 months from 4 different contributors.
Last update: January 2021

Sources and References
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