Property Prices in Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 7.40 |
| Mortgage as Percentage of Income: | 54.19% |
| Loan Affordability Index: | 1.85 |
| Price to Rent Ratio - City Centre: | 23.00 |
| Price to Rent Ratio - Outside of Centre: | 22.33 |
| Gross Rental Yield (City Centre): | 4.35% |
| Gross Rental Yield (Outside of Centre): | 4.48% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,691.77 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,283.55 A$ | |
| Apartment (3 bedrooms) in City Centre | 2,818.82 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,958.72 A$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 762.23 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 541.14 A$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,736.60 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.07 |
These data are based on 2785 entries in the past 18 months from 436 different contributors.
Last update: June 2020
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 | 4.27 | 6.24 | 6.71 | 16.03 | 14.91 | 30.65 | 3.26 | |
| Brisbane | 5.66 | 5.24 | 6.04 | 19.08 | 16.56 | 41.11 | 2.43 | |
| Canberra | 5.28 | 6.61 | 6.85 | 15.14 | 14.60 | 38.69 | 2.58 | |
| Darwin | 19.14 | 1.74 | 0.91 | 57.61 | 109.74 | 147.14 | 0.68 | |
| Gold Coast | 5.77 | 6.20 | 5.17 | 16.14 | 19.34 | 42.37 | 2.36 | |
| Hobart | 4.44 | 6.84 | 6.99 | 14.63 | 14.31 | 33.83 | 2.96 | |
| Melbourne | 8.72 | 4.11 | 3.80 | 24.31 | 26.31 | 62.70 | 1.60 | |
| Newcastle | 5.03 | 4.38 | 6.02 | 22.81 | 16.61 | 37.75 | 2.65 | |
| Perth | 6.60 | 4.44 | 4.25 | 22.51 | 23.52 | 48.68 | 2.05 | |
| Sydney | 11.05 | 3.93 | 4.50 | 25.44 | 22.21 | 77.11 | 1.30 |
This page in other languages:
DeutschImmobilienpreise in Australien
PortuguêsPreços de Imóveis na Austrália
ItalianoPrezzi delle proprietà immobiliari in Australia
FrançaisPrix de l'immobilier en Australie
EspañolPrecios de Inmuebles en Australia