Property Prices in Surabaya, Indonesia

Index Info
Price to Income Ratio: 20.98
Mortgage as Percentage of Income: 214.91%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 31.94
Price to Rent Ratio - Outside of Centre: 32.76
Gross Rental Yield (City Centre): 3.13%
Gross Rental Yield (Outside of Centre): 3.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,500,000.00 Rp 3,000,000.00-5,500,000.00
Apartment (1 bedroom) Outside of Centre 2,622,376.67 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
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Price per Square Feet to Buy Apartment in City Centre 2,815,877.78 Rp 1,625,789.67-4,851,349.62
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
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Average Monthly Net Salary (After Tax) 5,916,666.67 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.28 6.00-8.50

These data are based on 59 entries in the past 18 months from 9 different contributors.
Last update: November 2024

Sources and References
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