95420Tornio

Miukki-Palosaari-Luotomäki

Housing prices, rents and area data for postcode area 95420

See all areas in Tornio
Population

3,584

1-year change:-0.7%
Median income (net)

€25,000

National median: €26,351
University educated

24.3%

share of over-18s
Employment rate

68.0%

share of working-age people

Housing prices and rents

Price per square metre

€463/m²

2023Q1

2020€1,225/m²
2022€1,389/m²
2023€463/m²

Sales in the latest period: 43

Average rent

€10/m²

2022Q1

Estimated monthly rent

30 m²€308/month
55 m²€565/month
75 m²€770/month

Source: Statistics Finland, housing prices per m², rent statistics. 95420 · updated 2023Q1.

Rental yield

Gross rental yield

26.6%

Price per m²€463/m²
Rent per m²€10/m²

Example: a 55 m² flat

Purchase price

€25,445

Estimated rent

€565/month

Gross rental yield

26.6% a year

Statistics Finland's rent statistics rely largely on Kela's housing allowance register, so they lean towards lower-income tenancies and may underestimate free-market asking rents, especially in popular urban areas. Treat the figure as a cautious estimate, not a market guarantee.

A high rental yield can come from a low purchase price, which may reflect risks in the area. Rental yield alone doesn't tell you whether a property is a good investment.

Source: Statistics Finland, housing prices per m² and rent statistics. 95420 · updated 2023Q1. Gross rental yield doesn't account for the maintenance charge, taxes, financing or vacancies.

Population profile

Population change

1-year change-0.7%
5-year change-2.7%
Total residents3,584

Age structure

0–1718.5%
18–3419.6%
35–6437.6%
65+24.3%

Income & education

Income level

Median income, net (per year)

€25,000

National median: €26,351

Compared with the national median96%

Education & employment

University educated24.3%
Employment rate68.0%

Housing

Dwellings

Average dwelling size79.5 m²
Owner-occupied56.8%

Household types

Single-person households49.4%
Families with children19.4%
Pensioner households32.7%

Source: Statistics Finland Paavo 2024 · Statistics updated annually · Paavo open data

Analyse a flat in Miukki-Palosaari-Luotomäki

Buying or looking for a flat in this area? Upload the housing company's tilinpäätös (financial statements), its other documents and the isännöitsijäntodistus (manager's certificate). In under a minute you get a clear risk analysis, the key financial figures and a korjausvelka (repair backlog) estimate. You'll know exactly what you're buying.