Property Prices in Surabaya, Indonesia

Index Info
Price to Income Ratio: 21.92
Mortgage as Percentage of Income: 226.11%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 42.31
Price to Rent Ratio - Outside of Centre: 28.68
Gross Rental Yield (City Centre): 2.36%
Gross Rental Yield (Outside of Centre): 3.49%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,633,333.33 Rp 1,800,000.00-5,500,000.00
Apartment (1 bedroom) Outside of Centre 1,980,552.92 Rp 1,300,000.00-3,083,317.54
Apartment (3 bedrooms) in City Centre 6,125,000.00 Rp 4,500,000.00-16,000,000.00
Apartment (3 bedrooms) Outside of Centre 4,060,000.00 Rp 2,800,000.00-10,000,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 3,027,066.44 Rp 1,625,789.67-4,624,937.82
Price per Square Feet to Buy Apartment Outside of Centre 1,223,213.18 Rp 603,864.73-1,858,045.34
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,217,857.14 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.37 6.00-8.50

These data are based on 52 entries in the past 18 months from 10 different contributors.
Last update: October 2023

Sources and References
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