Property Prices in Wenzhou, China

Index
Price to Income Ratio:	18.99
Mortgage as Percentage of Income:	141.11%
Loan Affordability Index:	0.71
Price to Rent Ratio - City Centre:	61.49
Price to Rent Ratio - Outside of Centre:	56.07
Gross Rental Yield (City Centre):	1.63%
Gross Rental Yield (Outside of Centre):	1.78%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,750.00 ¥
Apartment (1 bedroom) Outside of Centre	1,300.00 ¥	1,000.00-1,600.00
Apartment (3 bedrooms) in City Centre	4,200.00 ¥	3,600.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	2,635.00 ¥	2,500.00-2,770.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,508.36 ¥	1,950.95-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre	1,561.15 ¥	1,060.65-2,118.17
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	5,766.67 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.25

These data are based on 21 entries in the past 18 months from 5 different contributors.
Last update: December 2024

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	18,200.00
GDP Growth Rate:	2.99%
Population Growth Rate:	0.18%