Property Prices in Melbourne, Australia
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| Index |  |
|---|---|
| Price to Income Ratio: | 7.78 |
| Mortgage as Percentage of Income: | 68.35% |
| Loan Affordability Index: | 1.46 |
| Price to Rent Ratio - City Centre: | 20.06 |
| Price to Rent Ratio - Outside of Centre: | 23.35 |
| Gross Rental Yield (City Centre): | 4.99% |
| Gross Rental Yield (Outside of Centre): | 4.28% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,410.70 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,844.41 A$ | |
| Apartment (3 bedrooms) in City Centre | 4,567.42 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,727.13 A$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,003.16 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 802.81 A$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 6,249.60 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.28 |
These data are based on 334 entries from 64 contributors over the past 18 months.
Last update: April 2025
Sources and References
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Nearby Cities:| Property Prices in Ballarat | 71.73 miles |
| Property Prices in Wangaratta | 149.91 miles |
| Property Prices in Albury | 195.47 miles |
This Page in Other Languages:
 DeutschImmobilienpreise in Melbourne
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 PortuguêsPreços de Imóveis em Melbourne
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 ItalianoPrezzi delle proprietà immobiliari a Melbourne
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 FrançaisPrix de l'immobilier à Melbourne
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 EspañolPrecios de Inmuebles en Melbourne
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