Property Prices in Australia

Index
Price to Income Ratio:	5.57
Mortgage as Percentage of Income:	37.42%
Loan Affordability Index:	2.67
Price to Rent Ratio - City Centre:	19.47
Price to Rent Ratio - Outside of Centre:	18.27
Gross Rental Yield (City Centre):	5.14%
Gross Rental Yield (Outside of Centre):	5.47%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,876.03 A$	1,200.00-2,815.00
Apartment (1 bedroom) Outside of Centre	1,421.74 A$	900.00-2,020.00
Apartment (3 bedrooms) in City Centre	3,178.46 A$	2,036.73-5,000.00
Apartment (3 bedrooms) Outside of Centre	2,298.33 A$	1,500.00-3,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	720.80 A$	418.06-1,714.09
Price per Square Feet to Buy Apartment Outside of Centre	502.36 A$	247.68-1,099.99
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	5,905.59 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.10	2.00-4.50

These data are based on 1670 entries in the past 18 months from 294 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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By City in Australia