Property Prices in Australia

Index
Price to Income Ratio:	7.33
Mortgage as Percentage of Income:	52.91%
Loan Affordability Index:	1.89
Price to Rent Ratio - City Centre:	23.33
Price to Rent Ratio - Outside of Centre:	23.01
Gross Rental Yield (City Centre):	4.29%
Gross Rental Yield (Outside of Centre):	4.35%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,667.46 A$	1,200.00-2,600.00
Apartment (1 bedroom) Outside of Centre	1,261.47 A$	875.00-2,000.00
Apartment (3 bedrooms) in City Centre	2,746.36 A$	1,680.00-5,126.35
Apartment (3 bedrooms) Outside of Centre	1,933.33 A$	1,280.00-3,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	758.52 A$	418.49-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre	549.01 A$	278.71-929.02
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	4,800.29 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.92	2.90-5.00

These data are based on 2649 entries in the past 18 months from 432 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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By City in Australia