Property Prices Comparison Between Iceland and Australia 
Rent Per Month | Iceland Edit |
Australia Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
275,000.00 kr (3,337.72 A$) |
175,629.28 kr (2,131.64 A$) |
-36.1 % |
| Apartment (1 bedroom) Outside of Centre |
250,000.00 kr (3,034.29 A$) |
139,192.70 kr (1,689.40 A$) |
-44.3 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (4,781.57 A$) |
296,870.59 kr (3,603.16 A$) |
-24.6 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (4,103.26 A$) |
219,586.87 kr (2,665.16 A$) |
-35.0 % |
Buy Apartment Price | Iceland Edit |
Australia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
85,617.11 kr (1,039.15 A$) |
80,007.27 kr (971.06 A$) |
-6.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
72,898.79 kr (884.78 A$) |
59,677.23 kr (724.31 A$) |
-18.1 % |
Salaries And Financing | Iceland Edit |
Australia Edit | |
| Average Monthly Net Salary (After Tax) |
552,104.04 kr (6,700.97 A$) |
456,425.43 kr (5,539.71 A$) |
-17.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.76 | 6.36 | -34.8 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 53 | 481 |
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