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 2,692.80 A$ 2,440.00 A$      -9.4 %
Apartment (1 bedroom) Outside of Centre 1,935.93 A$ 1,988.25 A$      +2.7 %
Apartment (3 bedrooms) in City Centre 3,923.17 A$ 4,828.25 A$      +23.1 %
Apartment (3 bedrooms) Outside of Centre 2,878.48 A$ 3,107.43 A$      +8.0 %
Buy Apartment Price
Perth Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,093.72 A$ 1,243.43 A$      +13.7 %
Price per Square Feet to Buy Apartment Outside of Centre 871.35 A$ 1,082.86 A$      +24.3 %
Salaries And Financing
Perth Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 5,582.28 A$ 5,811.14 A$      +4.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.61      +2.0 %
Last update: February 2024February 2024
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