Property Prices in Ramat Gan, Israel

Index Info
Price to Income Ratio: 14.26
Mortgage as Percentage of Income: 100.79%
Loan Affordability Index: 0.99
Price to Rent Ratio - City Centre: 38.28
Price to Rent Ratio - Outside of Centre: 34.26
Gross Rental Yield (City Centre): 2.61%
Gross Rental Yield (Outside of Centre): 2.92%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,628.57 ₪ 2,800.00-4,300.00
Apartment (1 bedroom) Outside of Centre 3,337.50 ₪ 2,800.00-3,900.00
Apartment (3 bedrooms) in City Centre 5,762.50 ₪ 5,000.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 4,900.00 ₪ 4,200.00-5,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,666.30 ₪ 2,415.46-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 2,125.60 ₪ 1,858.05-3,065.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,042.22 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.67 2.50-4.50

These data are based on 76 entries in the past 18 months from 13 different contributors.
Last update: January 2021

Sources and References
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