Property Prices in Perth, Australia

Index Info
Price to Income Ratio: 6.84
Mortgage as Percentage of Income: 60.40%
Loan Affordability Index: 1.66
Price to Rent Ratio - City Centre: 19.71
Price to Rent Ratio - Outside of Centre: 20.16
Gross Rental Yield (City Centre): 5.07%
Gross Rental Yield (Outside of Centre): 4.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,484.87 A$ 1,714.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,811.64 A$ 1,400.00-2,170.00
Apartment (3 bedrooms) in City Centre 3,803.86 A$ 3,000.00-4,250.00
Apartment (3 bedrooms) Outside of Centre 2,740.95 A$ 2,200.00-3,466.67
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 925.70 A$ 557.41-1,142.70
Price per Square Feet to Buy Apartment Outside of Centre 687.13 A$ 399.93-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,349.08 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.34 5.50-7.00

These data are based on 278 entries in the past 18 months from 46 different contributors.
Last update: May 2024

Sources and References
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