Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 11.98
Mortgage as Percentage of Income: 105.72%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 21.86
Price to Rent Ratio - Outside of Centre: 23.30
Gross Rental Yield (City Centre): 4.57%
Gross Rental Yield (Outside of Centre): 4.29%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,746.32 A$ 2,300.00-3,125.00
Apartment (1 bedroom) Outside of Centre 2,188.62 A$ 1,900.00-2,600.00
Apartment (3 bedrooms) in City Centre 4,206.77 A$ 3,800.00-4,775.00
Apartment (3 bedrooms) Outside of Centre 3,166.62 A$ 2,600.00-3,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,135.22 A$ 901.15-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 942.26 A$ 715.35-1,161.28
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,665.37 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.32 5.80-6.68

These data are based on 280 entries in the past 18 months from 39 different contributors.
Last update: April 2024

Sources and References
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