Property Prices in Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 8.16 |
| Mortgage as Percentage of Income: | 72.17% |
| Loan Affordability Index: | 1.39 |
| Price to Rent Ratio - City Centre: | 23.08 |
| Price to Rent Ratio - Outside of Centre: | 22.40 |
| Gross Rental Yield (City Centre): | 4.33% |
| Gross Rental Yield (Outside of Centre): | 4.46% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,125.27 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,685.63 A$ | |
| Apartment (3 bedrooms) in City Centre | 3,597.34 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,669.14 A$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 967.48 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 724.05 A$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,579.25 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.36 |
These data are based on 2584 entries from 465 contributors over the past 18 months.
Last update: May 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
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 | 9.3 | 3.5 | 4.5 | 28.2 | 22.1 | 82.6 | 1.2 | |
| Brisbane | 9.0 | 4.0 | 4.4 | 25.2 | 22.9 | 78.9 | 1.3 | |
| Cairns | 9.1 | 4.1 | 4.7 | 24.3 | 21.2 | 83.9 | 1.2 | |
| Canberra | 8.6 | 4.9 | 4.9 | 20.5 | 20.4 | 75.3 | 1.3 | |
| Gold Coast | 10.6 | 4.1 | 6.6 | 24.7 | 15.1 | 94.9 | 1.1 | |
| Hobart | 6.9 | 5.9 | 4.8 | 16.9 | 20.9 | 62.3 | 1.6 | |
| Melbourne | 7.8 | 5.0 | 4.3 | 19.8 | 23.3 | 68.2 | 1.5 | |
| Perth | 6.2 | 6.3 | 5.6 | 15.8 | 17.7 | 55.5 | 1.8 | |
| Sydney | 12.7 | 3.7 | 4.1 | 27.3 | 24.6 | 112.3 | 0.9 |
This Page in Other Languages:
