Property Market Data for South Korea

Selected Cities in South Korea

Property Index Value
House Price to Income Ratio 13.67
67
Mortgage as % of Income 98.92
93
Loan Affordability Index 1.01
80
Price to Rent Ratio City Centre 47.52
7
Price to Rent Ratio Outside Centre 34.83
12
Gross Rental Yield City Centre 2.10
174
Gross Rental Yield Outside Centre 2.87
165

Macro Data Value
GDP Per Capita ($) 27970.50
GDP Growth Rate 3.31
Population Growth Rate 0.41

Median Income Value Range
Net monthly disposable income 2457739.89 2000000.00 - 4299507.53
Annual mortgage interest rate % 3.94 3.23 - 5.50

Rental Per Month Value Range
Apartment (1 bed) in City Centre 692544.76 500000.00 - 1500000.00
Apartment (1 bed) Outside Centre 426122.76 300000.00 - 831126.23
Apartment (3 bed) in City Centre 2000742.82 1500000.00 - 3963832.77
Apartment (3 bed) Outside Centre 1328189.22 800000.00 - 2500000.00
Price to Rent Ratio City Centre 47.52 47.52 - 47.52
Price to Rent Ratio Outside Centre 34.83 34.83 - 34.83
Gross Rental Yield City Centre 2.10 2.10 - 2.10
Gross Rental Yield Outside Centre 2.87 2.87 - 2.87

Price Per Sq.ft. Value Range
City Centre Apartment Prices 848657.74 393255.30 - 1858045.34
Outside Centre Apartment Prices 399914.65 217793.77 - 650315.87