Property Prices in Yeosu, South Korea

Index Info
Price to Income Ratio: 6.14
Mortgage as Percentage of Income: 44.65%
Loan Affordability Index: 2.24
Price to Rent Ratio - City Centre: 34.85
Price to Rent Ratio - Outside of Centre: 23.21
Gross Rental Yield (City Centre): 2.87%
Gross Rental Yield (Outside of Centre): 4.31%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 650,000.00 ₩
Apartment (1 bedroom) Outside of Centre 400,000.00 ₩
Apartment (3 bedrooms) in City Centre 1,200,000.00 ₩
Apartment (3 bedrooms) Outside of Centre 700,000.00 ₩
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 464,511.33 ₩
Price per Square Feet to Buy Apartment Outside of Centre 185,804.53 ₩
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,850,000.00 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00

These data are based on 9 entries in the past 18 months from 2 different contributors.
Last update: November 2024

Sources and References
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