Property Prices Comparison Between Perth and Melbourne 

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Rent Per Month
Perth Edit Melbourne Edit Difference
Apartment (1 bedroom) in City Centre 2,331.38 A$ 2,232.62 A$      -4.2 %
Apartment (1 bedroom) Outside of Centre 1,720.75 A$ 1,832.67 A$      +6.5 %
Apartment (3 bedrooms) in City Centre 3,650.85 A$ 4,121.05 A$      +12.9 %
Apartment (3 bedrooms) Outside of Centre 2,557.37 A$ 2,666.65 A$      +4.3 %
Buy Apartment Price
Perth Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 725.09 A$ 993.53 A$      +37.0 %
Price per Square Feet to Buy Apartment Outside of Centre 500.53 A$ 796.39 A$      +59.1 %
Salaries And Financing
Perth Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 6,369.13 A$ 6,359.79 A$      -0.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.34 6.34      +0.1 %
Last update: June 2024June 2024
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