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Daegu has become one of South Korea's most interesting property markets for foreign buyers in 2026, offering prices roughly 40% lower than Seoul while still providing excellent infrastructure and quality of life.
The city's real estate landscape is sharply divided between premium school-zone neighborhoods in Suseong-gu and more affordable districts like Buk-gu and Seo-gu, creating opportunities for different investment strategies.
We constantly update this blog post to reflect the latest market conditions, transaction data, and neighborhood-level insights for foreign property buyers.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Daegu.
What's the Current Real Estate Market Situation by Area in Daegu?
Which areas in Daegu have the highest property prices per square meter in 2026?
As of early 2026, the three most expensive areas in Daegu are Beomeo-dong and Manchon-dong in Suseong-gu, followed by the central Jung-gu pockets around Dongseong-ro, where prices reflect the intense demand for elite school zones and walkable urban living.
In these premium Daegu neighborhoods, typical prices range from around ₩6.5 million to ₩10 million per square meter, with top-tier new apartments in Beomeo-dong occasionally exceeding that range.
Each of these high-priced areas commands premiums for distinct reasons:
- Beomeo-dong (Suseong-gu): Daegu's top school catchments plus scarcity of premium new apartment stock.
- Manchon-dong (Suseong-gu): Similar education premium with strong family demand and established residential prestige.
- Samdeok-dong/Seongnae-dong (Jung-gu): Walkable city-center lifestyle near Dongseong-ro shopping and nightlife district.
Which areas in Daegu have the most affordable property prices in 2026?
As of early 2026, the most affordable areas in Daegu include Pyeongni-dong in Seo-gu, Hwawon-eup in Dalseong-gun, and older residential sections of Sangin-dong and Wolseong-dong in Dalseo-gu, where prices remain accessible for first-time buyers.
In these budget-friendly Daegu neighborhoods, typical prices range from around ₩2.7 million to ₩4.5 million per square meter, depending on building age and exact location within each area.
The main trade-offs in these lower-priced Daegu areas include longer commute times to central job hubs in Hwawon-eup, older building stock requiring potential renovation in Pyeongni-dong, and weaker school-zone appeal in Sangin-dong that limits future resale to family buyers.
You can also read our latest analysis regarding housing prices in Daegu.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of South Korea. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
Which Areas in Daegu Offer the Best Rental Yields?
Which neighborhoods in Daegu have the highest gross rental yields in 2026?
As of early 2026, the neighborhoods with the highest gross rental yields in Daegu are Bokhyeon-dong and Daehyeon-dong in Buk-gu (around 3.5% to 5%), Daemyeong-dong in Nam-gu (around 3.3% to 4.8%), and Sincheon-dong in Dong-gu near Dongdaegu Station (around 3% to 4.5%).
Across Daegu as a whole, typical gross rental yields for investment properties range from about 2.5% to 4.5%, which is modest by global standards but competitive within Korea's generally low-yield market.
These top-yielding Daegu neighborhoods deliver higher returns for specific reasons:
- Bokhyeon-dong/Daehyeon-dong (Buk-gu): Strong university student demand plus lower purchase prices than Suseong-gu.
- Daemyeong-dong (Nam-gu): Large renter ecosystem of students and young workers with affordable entry prices.
- Sincheon-dong (Dong-gu): Dongdaegu Station catchment attracts corporate and transit-focused renters year-round.
- Jukjeon-dong/Yongsan-dong (Dalseo-gu): Mixed residential and job-hub demand keeps units occupied steadily.
Finally, please note that we cover the rental yields in Daegu here.
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Which Areas in Daegu Are Best for Short-Term Vacation Rentals?
Which neighborhoods in Daegu perform best on Airbnb in 2026?
As of early 2026, the top-performing Airbnb neighborhoods in Daegu are Seongnae-dong and Samdeok-dong in Jung-gu near Dongseong-ro, Sincheon-dong in Dong-gu near Dongdaegu Station, and the EXCO convention center catchment area in Buk-gu, where occupancy and nightly rates consistently outperform other parts of the city.
Top-performing Airbnb properties in these Daegu neighborhoods typically generate monthly revenues ranging from around ₩1 million to ₩1.8 million, though this varies significantly by property quality, seasonality, and exact location.
Each of these Daegu neighborhoods outperforms for short-term rentals because of distinct demand drivers:
- Seongnae-dong/Samdeok-dong (Jung-gu): Walking distance to Dongseong-ro shopping and nightlife attracts weekend visitors.
- Sincheon-dong (Dong-gu): Dongdaegu Station rail hub captures business travelers and transit-oriented tourists.
- EXCO area (Buk-gu): Convention and expo events create predictable demand spikes throughout the year.
- Duryu-dong (Dalseo-gu): E-World amusement park and Duryu Park draw families and weekend leisure visitors.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Daegu.
Which tourist areas in Daegu are becoming oversaturated with short-term rentals?
The main area in Daegu showing signs of short-term rental oversaturation is the Dongseong-ro core in Jung-gu, particularly Seongnae-dong and immediately adjacent blocks, where investor herding has concentrated many similar small units in the same nightlife district.
In the Dongseong-ro area, the density of active short-term rental listings has grown faster than overall tourism demand, with many properties competing for the same weekend city-break visitors in a relatively compact zone.
The clearest indicator of oversaturation in these Daegu areas is that listing growth has outpaced occupancy and revenue improvements, meaning new properties are diluting the market rather than capturing fresh demand, which compresses returns for all hosts in the zone.
We have made this infographic to give you a quick and clear snapshot of the property market in South Korea. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Which Areas in Daegu Are Best for Long-Term Rentals?
Which neighborhoods in Daegu have the strongest demand for long-term tenants?
The Daegu neighborhoods with the strongest long-term rental demand are Bokhyeon-dong and Daehyeon-dong in Buk-gu, Daemyeong-dong in Nam-gu, Sincheon-dong in Dong-gu, and Yongsan-dong in Dalseo-gu, where consistent renter pools keep vacancy rates low.
In these high-demand Daegu neighborhoods, well-priced units typically rent within two to four weeks, with vacancy rates staying below the city average due to steady tenant turnover from students, young professionals, and hospital workers.
Different tenant profiles drive demand in each of these Daegu neighborhoods:
- Bokhyeon-dong/Daehyeon-dong (Buk-gu): University students and early-career workers near campus areas.
- Daemyeong-dong (Nam-gu): Mix of students, young professionals, and budget-conscious families.
- Sincheon-dong (Dong-gu): Corporate renters and transit-focused tenants near Dongdaegu Station.
- Yongsan-dong (Dalseo-gu): Working families seeking affordable housing with job-hub access.
The key characteristic that makes these Daegu neighborhoods attractive to long-term tenants is the combination of metro accessibility, proximity to employment or education anchors, and relatively affordable rents compared to premium districts like Suseong-gu.
Finally, please note that we provide a very granular rental analysis in our property pack about Daegu.
What are the average long-term monthly rents by neighborhood in Daegu in 2026?
As of early 2026, average long-term monthly rents in Daegu vary significantly by neighborhood, ranging from around ₩430,000 per month in affordable areas like Daemyeong-dong to over ₩1.2 million per month in premium Suseong-gu locations, depending on unit size and deposit structure.
In the most affordable Daegu neighborhoods like Bokhyeon-dong and Daemyeong-dong, entry-level apartments typically rent for around ₩400,000 to ₩600,000 per month with standard deposits.
In average-priced Daegu neighborhoods like Sincheon-dong and Samdeok-dong, mid-range apartments typically rent for around ₩550,000 to ₩900,000 per month.
In premium Daegu neighborhoods like Beomeo-dong and Manchon-dong in Suseong-gu, high-end apartments typically rent for around ₩700,000 to ₩1.4 million per month, though yields in these areas are often compressed because purchase prices are proportionally higher.
You may want to check our latest analysis about the rents in Daegu here.
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Which Are the Up-and-Coming Areas to Invest in Daegu?
Which neighborhoods in Daegu are gentrifying and attracting new investors in 2026?
As of early 2026, the Daegu neighborhoods showing the clearest signs of gentrification and investor interest are Namsan-dong and the edges of Samdeok-dong in Jung-gu, Sincheon-dong near Dongdaegu Station in Dong-gu, and the EXCO catchment area in Buk-gu.
These gentrifying Daegu neighborhoods have experienced modest but steady price appreciation in the range of 2% to 5% annually over recent periods, outperforming the city-wide average which saw slight declines through much of 2025.
Which areas in Daegu have major infrastructure projects planned that will boost prices?
The Daegu areas most likely to benefit from planned infrastructure projects are the corridor along the upcoming Metro Line 4 route connecting Dong-gu to Suseong-gu, the Dongdaegu Station catchment, and areas near the extended Daegyeong suburban rail line.
Metro Line 4 construction is set to begin in 2026 with an expected opening around 2030, connecting Suseong-gu Community Stadium to Bongmu-dong via stations at Beomeo and Dongdaegu, while the recently opened Daegyeong Line now links Daegu to Gumi and Gyeongsan.
Historically, Daegu properties within walking distance of new metro stations have seen price premiums of 5% to 15% develop as construction becomes visible and service opening approaches, though effects are uneven and often take years to materialize.
You'll find our latest property market analysis about Daegu here.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in South Korea versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
Which Areas in Daegu Should I Avoid as a Property Investor?
Which neighborhoods in Daegu with lots of problems I should avoid and why?
The Daegu areas that investors should approach with caution include certain overbuilt sections of outer Dalseo-gu, older residential blocks in Seo-gu with uniform aging stock, and remote parts of Dalseong-gun like outer Hwawon-eup where commute times limit the buyer pool.
The main problems affecting each of these Daegu areas are distinct:
- Outer Dalseo-gu sections: Oversupply of similar older apartments creates weak pricing power and slow resales.
- Parts of Seo-gu: Aging building stock with limited differentiation makes it hard to stand out to renters.
- Outer Hwawon-eup (Dalseong-gun): Long commute times shrink buyer and renter pools if jobs shift elsewhere.
For these Daegu neighborhoods to become viable investment options, they would need either significant new transit connections to reduce commute times, major redevelopment that replaces aging stock with modern apartments, or sustained job growth that creates local demand independent of central Daegu.
Buying a property in the wrong neighborhood is one of the mistakes we cover in our list of risks and pitfalls people face when buying property in Daegu.
Which areas in Daegu have stagnant or declining property prices as of 2026?
As of early 2026, the Daegu areas with stagnant or declining property prices include parts of Dalseo-gu, sections of Seo-gu with older apartment stock, and some outer areas of Dalseong-gun, which all underperformed the city average during Daegu's prolonged market correction.
These weaker Daegu areas experienced cumulative price declines of roughly 3% to 6% over the past two years, compared to premium Suseong-gu pockets that held value better and are now stabilizing.
The underlying causes of price stagnation differ by area:
- Dalseo-gu submarkets: High supply of similar units from past building booms diluted demand across many complexes.
- Seo-gu older sections: Aging infrastructure and weaker school-zone appeal limit family buyer interest.
- Outer Dalseong-gun: Distance from employment centers means prices depend heavily on commute assumptions that shift.
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Which Areas in Daegu Have the Best Long-Term Appreciation Potential?
Which areas in Daegu have historically appreciated the most recently?
Over the past five to ten years, the Daegu areas that have historically appreciated the most are Beomeo-dong and Manchon-dong in Suseong-gu, along with selective Jung-gu core pockets where high-quality new supply was limited.
The approximate appreciation these top-performing Daegu areas achieved varies:
- Beomeo-dong (Suseong-gu): Cumulative gains of roughly 30% to 50% over the past decade during peak years.
- Manchon-dong (Suseong-gu): Similar trajectory with strong recovery during market upswings.
- Central Jung-gu pockets: More modest gains of 15% to 25% but with steadier demand patterns.
The main driver of above-average appreciation in these Daegu areas was the persistent school-zone premium effect in Suseong-gu, where families consistently bid up prices for access to elite education, combined with limited new supply that concentrated demand in existing quality stock.
By the way, you will find much more detailed trends and forecasts in our pack covering there is to know about buying a property in Daegu.
Which neighborhoods in Daegu are expected to see price growth in coming years?
The Daegu neighborhoods expected to see the strongest price growth in coming years are Sincheon-dong near Dongdaegu Station, the EXCO corridor catchment in Buk-gu, central Jung-gu pockets like Namsan-dong, and Suseong-gu if purchased below recent peak pricing.
The projected growth outlook for these high-potential Daegu neighborhoods varies:
- Sincheon-dong (Dong-gu): Expected steady appreciation of 3% to 6% annually driven by rail hub demand.
- EXCO corridor (Buk-gu): Potential for 2% to 5% annual gains as Metro Line 4 construction advances.
- Namsan-dong (Jung-gu): Modest 2% to 4% annual growth as lifestyle demand spillover continues.
- Suseong-gu premium pockets: Recovery potential of 4% to 7% if entry price is below recent peaks.
The single most important catalyst expected to drive future price growth in these Daegu neighborhoods is the combination of Metro Line 4 construction beginning in 2026 and the already-operational Daegyeong suburban rail line, which together improve connectivity and attract buyers to station-adjacent properties.
We made this infographic to show you how property prices in South Korea compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What Do Locals and Expats Really Think About Different Areas in Daegu?
Which areas in Daegu do local residents consider the most desirable to live?
Local residents in Daegu consistently consider Suseong-gu the most desirable area to live, particularly Beomeo-dong, Manchon-dong, and Hwanggeum-dong, where families pay premium prices for access to top schools and a refined residential environment.
The main qualities that make these Daegu areas most desirable to locals are specific to each neighborhood:
- Beomeo-dong (Suseong-gu): Elite school catchments and newer premium apartment complexes attract affluent families.
- Manchon-dong (Suseong-gu): Strong education infrastructure plus established residential prestige appeal to upgraders.
- Hwanggeum-dong (Suseong-gu): Good schools with slightly more accessible pricing than top-tier Beomeo-dong units.
The typical resident demographic in these locally-preferred Daegu areas is upper-middle-class families with school-age children who prioritize education outcomes and are willing to pay significantly more per square meter to secure those advantages.
Local preferences in Daegu often differ from what foreign investors typically target, as locals prioritize school zones above all else while foreign buyers sometimes chase yield in areas like Buk-gu that locals view as less prestigious but that actually deliver better cash-flow returns.
Which neighborhoods in Daegu have the best reputation among expat communities?
The Daegu neighborhoods with the best reputation among expat communities are the Dongseong-ro core in Jung-gu (Seongnae-dong and Samdeok-dong) and the Dongdaegu Station catchment in Dong-gu (Sincheon-dong), where convenience and walkability matter most to foreign residents.
The main reasons expats prefer these Daegu neighborhoods over others include:
- Seongnae-dong/Samdeok-dong (Jung-gu): Walking-distance access to shopping, restaurants, and nightlife in Dongseong-ro.
- Sincheon-dong (Dong-gu): Easy KTX access at Dongdaegu Station for travel plus modern conveniences nearby.
The typical expat profile in these popular Daegu neighborhoods includes English teachers, university staff, and business professionals who value urban convenience over school-zone prestige and often rent rather than buy.
Which areas in Daegu do locals say are overhyped by foreign buyers?
The Daegu areas that locals commonly say are overhyped by foreign buyers are the top Suseong-gu school zones like Beomeo-dong and Manchon-dong when purchased at any price, because foreign investors sometimes pay peak premiums without understanding that yields are compressed and resale upside depends heavily on entry price.
The main reasons locals believe these Daegu areas are overvalued include:
- Beomeo-dong (Suseong-gu): Yields often below 2.5% and prices only rise if the next buyer also overpays.
- Manchon-dong (Suseong-gu): Premium pricing assumes perfect school-zone demand that may not persist for all units.
Foreign buyers typically see the prestige and quality of life in these Suseong-gu areas as worth the premium, while locals who understand the market know that paying top prices in a soft market means potentially waiting years for appreciation to justify the entry cost.
By the way, we've written a blog article detailing the experience of buying a property as a foreigner in Daegu.
Which areas in Daegu are considered boring or undesirable by residents?
The Daegu areas that residents commonly consider boring or undesirable include certain outer residential pockets in Seo-gu with limited amenities, remote sections of Dalseong-gun far from transit, and uniform older-stock sections of outer Dalseo-gu that lack neighborhood character.
The main reasons residents find these Daegu areas boring or undesirable include:
- Outer Seo-gu sections: Few restaurants, cafes, or entertainment options combined with aging apartment blocks.
- Remote Dalseong-gun areas: Long commutes and car-dependent lifestyle with limited walkable amenities.
- Uniform Dalseo-gu older blocks: Cookie-cutter apartments with no distinctive neighborhood identity or premium features.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Daegu, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| MOLIT Real Transaction Price System | Official Korean government database of all reported property transactions. | We used it to anchor neighborhood-level price estimates using actual reported sales. We also used it as the primary source to validate any index-based averages. |
| Korea Real Estate Board (KREB) | State-run real estate statistics body and official market monitor. | We used it to ground our analysis in nationally consistent housing statistics. We also referenced it for official rent trend data and market direction. |
| KREB R-ONE Statistics Portal | Official statistics portal where government-approved real estate data series are published. | We used it to cross-check Daegu's market direction against a consistent public index framework. We also used it for transaction volume context. |
| Bank of Korea | Central bank and authoritative source on interest rates and macro conditions. | We used it to set the financing backdrop as of January 2026 since rate environment affects buyer demand. We also used it for currency conversion rates. |
| KOSIS (Korean Statistical Information Service) | Official national statistics portal run by Statistics Korea. | We used it for clean macro and demographic context like population data. We also used it to avoid relying on crowdsourced city statistics. |
| AirDNA | Industry-standard short-term rental data provider with method-driven metrics. | We used it for city-level Airbnb occupancy, ADR, and revenue baselines. We also used it to identify oversupply risk where performance lags listing growth. |
| Daegu Metro Transit Corporation (DTRO) | Official operator and source for Daegu's urban rail system information. | We used it to connect station areas to neighborhoods with different pricing dynamics. We also used it as the primary source for transit-driven demand analysis. |
| International Railway Journal | Established industry publication that reports infrastructure projects with official inputs. | We used it to identify which corridors will see infrastructure-driven price effects. We also used it to properly time-horizon when impacts may materialize. |
| VisitKorea (Korea Tourism Organization) | Official visitor platform run by the Korea Tourism Organization. | We used it to identify specific tourist magnets that drive neighborhood-level Airbnb demand. We also used it to keep tourism discussions factual. |
| Global Property Guide | International real estate research platform with consistent methodology across markets. | We used it for broader market context and yield benchmarks. We also used it to cross-reference regional price trends and rental yield patterns. |
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