Property Prices in Gold Coast, Australia

Index Info
Price to Income Ratio: 11.77
Mortgage as Percentage of Income: 107.06%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 36.57
Price to Rent Ratio - Outside of Centre: 23.60
Gross Rental Yield (City Centre): 2.73%
Gross Rental Yield (Outside of Centre): 4.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,237.50 A$ 2,000.00-2,800.00
Apartment (1 bedroom) Outside of Centre 2,128.57 A$ 1,600.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,600.00 A$ 3,000.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,987.50 A$ 2,600.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,579.34 A$ 929.02-1,950.95
Price per Square Feet to Buy Apartment Outside of Centre 917.41 A$ 557.41-1,950.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,710.42 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.71 6.24-7.50

These data are based on 74 entries in the past 18 months from 12 different contributors.
Last update: April 2024

Sources and References
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