Property Prices in Surabaya, Indonesia

Index Info
Price to Income Ratio: 23.16
Mortgage as Percentage of Income: 239.85%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 37.12
Price to Rent Ratio - Outside of Centre: 35.96
Gross Rental Yield (City Centre): 2.69%
Gross Rental Yield (Outside of Centre): 2.78%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,677,146.28 Rp 1,800,000.00-5,500,000.00
Apartment (1 bedroom) Outside of Centre 2,114,449.77 Rp 1,300,000.00-3,078,113.49
Apartment (3 bedrooms) in City Centre 6,994,135.35 Rp 4,500,000.00-10,000,000.00
Apartment (3 bedrooms) Outside of Centre 4,409,371.16 Rp 2,800,000.00-7,000,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 2,837,379.98 Rp 1,207,729.47-4,617,131.81
Price per Square Feet to Buy Apartment Outside of Centre 1,651,009.18 Rp 1,207,729.47-2,144,727.91
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,214,285.71 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.42 6.00-10.00

These data are based on 65 entries in the past 18 months from 11 different contributors.
Last update: March 2023

Sources and References
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