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 2,579.18 A$ 2,532.09 A$      -1.8 %
Apartment (1 bedroom) Outside of Centre 1,886.44 A$ 2,015.88 A$      +6.9 %
Apartment (3 bedrooms) in City Centre 3,899.85 A$ 4,801.75 A$      +23.1 %
Apartment (3 bedrooms) Outside of Centre 2,906.79 A$ 3,001.38 A$      +3.3 %
Buy Apartment Price
Perth Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,066.39 A$ 1,231.63 A$      +15.5 %
Price per Square Feet to Buy Apartment Outside of Centre 838.56 A$ 1,049.55 A$      +25.2 %
Salaries And Financing
Perth Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 5,631.75 A$ 6,005.77 A$      +6.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.59      +1.8 %
Last update: April 2024April 2024
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