Property Prices in Australia

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,700.64 A$	1,000.00-2,500.00
Apartment (1 bedroom) Outside of Centre	1,276.26 A$	850.00-1,800.00
Apartment (3 bedrooms) in City Centre	2,670.32 A$	1,640.00-4,348.00
Apartment (3 bedrooms) Outside of Centre	1,921.27 A$	1,350.00-2,900.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	686.32 A$	371.61-1,161.28
Price per Square Feet to Buy Apartment Outside of Centre	458.25 A$	250.84-836.12
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	4,098.56 A$
Mortgage Interest Rate in Percentages (%), Yearly	4.49	4.00-5.15

These data are based on 1823 entries in the past 18 months from 315 different contributors.
Last update: July 2017
Our data for each country are based on all entries from all cities in that country.

By City in Australia

Rank	City	Price To Income Ratio	Gross Rental Yield City Centre	Gross Rental Yield Outside of Centre	Price To Rent Ratio City Centre	Price To Rent Ratio Outside Of City Centre	Mortgage As A Percentage Of Income	Affordability Index
	Adelaide	5.62	5.95	5.77	16.80	17.33	42.41	2.36
	Brisbane	7.10	4.96	5.47	20.16	18.30	53.80	1.86
	Cairns	5.88	5.71	7.17	17.52	13.95	44.92	2.23
	Canberra	6.42	5.60	5.61	17.86	17.82	48.43	2.06
	Darwin	3.83	11.34	11.25	8.82	8.89	30.00	3.33
	Gold Coast	5.87	6.36	5.89	15.73	16.97	44.92	2.23
	Hobart	7.07	5.39	5.23	18.54	19.11	53.79	1.86
	Melbourne	8.59	4.43	4.09	22.60	24.46	64.43	1.55
	Newcastle	11.95	3.03	2.77	32.95	36.17	91.53	1.09
	Perth	6.04	5.91	5.55	16.92	18.02	44.94	2.23
	Sydney	12.09	4.02	4.39	24.88	22.79	90.29	1.11
	Wollongong	7.67	3.59	3.39	27.85	29.50	61.00	1.64

We would like to gather more data for: Armidale, Ayr, Balga, Ballina, Bathurst, Belmont, NSW, Berry, Berwick, Broken Hill, Busselton, Byron Bay, ... Update information for Australia!