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 2,412.62 A$ 2,260.33 A$      -6.3 %
Apartment (1 bedroom) Outside of Centre 1,773.12 A$ 1,920.48 A$      +8.3 %
Apartment (3 bedrooms) in City Centre 3,745.39 A$ 4,251.50 A$      +13.5 %
Apartment (3 bedrooms) Outside of Centre 2,667.39 A$ 2,766.65 A$      +3.7 %
Buy Apartment Price
Perth Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 763.36 A$ 1,012.96 A$      +32.7 %
Price per Square Feet to Buy Apartment Outside of Centre 548.14 A$ 783.65 A$      +43.0 %
Salaries And Financing
Perth Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 5,930.60 A$ 6,323.06 A$      +6.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.38 6.33      -0.7 %
Last update: July 2024July 2024
Contributors in the past 12 months:197428
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