Property Prices in Australia

Index
Price to Income Ratio:	7.27
Mortgage as Percentage of Income:	51.44%
Loan Affordability Index:	1.94
Price to Rent Ratio - City Centre:	23.37
Price to Rent Ratio - Outside of Centre:	22.78
Gross Rental Yield (City Centre):	4.28%
Gross Rental Yield (Outside of Centre):	4.39%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,643.53 A$	1,200.00-2,657.12
Apartment (1 bedroom) Outside of Centre	1,270.02 A$	875.00-2,000.00
Apartment (3 bedrooms) in City Centre	2,798.66 A$	1,715.00-4,887.41
Apartment (3 bedrooms) Outside of Centre	1,925.31 A$	1,300.00-3,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	759.48 A$	432.55-1,486.44
Price per Square Feet to Buy Apartment Outside of Centre	544.67 A$	270.55-1,021.92
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,829.25 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.69	2.50-5.00

These data are based on 2624 entries in the past 18 months from 447 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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By City in Australia