Georgia Real Estate Analytics

Property market metrics including price-to-income ratio, rental yields, and price trends

Price to Income

13.0x

Ratio of property prices to annual income

Rental Yield

8.5%

Average annual rental return

Price to Rent

11.7

Ratio of property prices to annual rent

Price to Income Ratio

Ratio of median house price to median annual household income

Rental Yield

Annual rental income as percentage of property value

Price to Rent Ratio

Ratio of property price to annual rental income

Apartment Rent (City Centre)

Monthly rent for 1-bedroom apartment in city centre

Apartment Price (City Centre)

Price per square meter to buy apartment in city centre

Apartment Price (Outside Centre)

Price per square meter to buy apartment outside city centre

1BR Rent (Outside Centre)

Monthly rent for 1-bedroom apartment outside city centre

3BR Rent (City Centre)

Monthly rent for 3-bedroom apartment in city centre

3BR Rent (Outside Centre)

Monthly rent for 3-bedroom apartment outside city centre

Mortgage Interest Rate (20Y)

Average mortgage interest rate for 20-year fixed loan

Additional Insights

Expert analysis of Georgia Real Estate trends and investment implications

Market Overview

Georgia's property market presents a mixed investment landscape with attractive rental yields at 8.5%, but caution is advised given the high price-to-income ratio of 13, suggesting possible affordability issues. The market is currently in a rising phase, driven by historical price appreciation. Investors should consider the relatively high rental yields compared to local interest rates, while also evaluating the market's affordability challenges.

Key Findings

Data-driven insights

•The price-to-income ratio stands at 13, indicating potential affordability issues for local buyers.
•Gross rental yield is attractive at 8.5%, offering a solid return compared to many other markets.
•The price-to-rent ratio is 11.7, suggesting that buying may be more advantageous than renting in the long term.
•Historical data shows consistent price growth with periods of strong appreciation, indicating current momentum.

Market Trends

Historical patterns

•Over the past 64 years, Georgia has seen consistent property price appreciation, though with some periods of volatility.
•Rental yields have remained relatively stable, maintaining investor interest despite economic fluctuations.
•The market cycle analysis suggests we are in a rising phase, with potential for further growth barring economic disruptions.

For Investors

Actionable takeaways

•Consider investing now to capture high rental yields, especially if financing costs remain low.
•Monitor affordability indices; if the price-to-income ratio increases further, market overheating could be a risk.
•Keep an eye on historical price growth trends, but be prepared for potential corrections if external economic factors change.
•Evaluate the buy vs rent decision carefully; with a price-to-rent ratio of 11.7, buying remains a rational economic choice.

Market Context

Georgia's property market is maturing, with increasing appeal for international investors due to its robust rental yields and consistent price growth. However, affordability remains a critical factor to watch, as it could influence future demand and price stability.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.