Property Prices in Surabaya, Indonesia

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Index
Price to Income Ratio:	23.25
Mortgage as Percentage of Income:	240.43%
Loan Affordability Index:	0.42
Price to Rent Ratio - City Centre:	33.13
Price to Rent Ratio - Outside of Centre:	32.73
Gross Rental Yield (City Centre):	3.02%
Gross Rental Yield (Outside of Centre):	3.06%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	4,214,285.71 Rp	2,500,000.00-5,500,000.00
Apartment (1 bedroom) Outside of Centre	2,626,649.48 Rp	2,000,000.00-3,500,000.00
Apartment (3 bedrooms) in City Centre	7,500,000.00 Rp	4,500,000.00-16,000,000.00
Apartment (3 bedrooms) Outside of Centre	5,050,000.00 Rp	2,800,000.00-10,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,815,877.78 Rp	1,625,789.67-4,889,804.64
Price per Square Feet to Buy Apartment Outside of Centre	1,796,110.49 Rp	1,207,729.47-2,322,556.67
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	5,337,500.00 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.40	6.00-8.50

These data are based on 58 entries in the past 18 months from 10 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Malang	58.84 miles
Property Prices in Semarang	189.72 miles
Property Prices in Yogyakarta	204.12 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	12,400.00
GDP Growth Rate:	5.31%
Population Growth Rate:	0.76%