Rent Per Month | |
Range |
---|---|---|
Apartment (1 bedroom) in City Centre | 2,240.57 A$ | |
Apartment (1 bedroom) Outside of Centre | 1,772.41 A$ | |
Apartment (3 bedrooms) in City Centre | 3,602.50 A$ | |
Apartment (3 bedrooms) Outside of Centre | 2,637.29 A$ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 1,016.08 A$ | |
Price per Square Feet to Buy Apartment Outside of Centre | 742.37 A$ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 5,607.26 A$ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.39 |
These data are based on 2606 entries in the past 18 months from 434 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.
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 | 7.8 | 4.6 | 5.4 | 21.6 | 18.4 | 68.6 | 1.5 | |
Brisbane | 8.7 | 4.2 | 4.6 | 23.9 | 21.6 | 76.3 | 1.3 | |
Canberra | 9.6 | 5.0 | 4.8 | 20.0 | 20.9 | 84.5 | 1.2 | |
Gold Coast | 11.3 | 3.5 | 4.2 | 28.4 | 23.9 | 102.5 | 1.0 | |
Hobart | 8.6 | 4.5 | 4.3 | 22.0 | 23.4 | 78.9 | 1.3 | |
Melbourne | 7.6 | 4.6 | 4.5 | 21.7 | 22.1 | 67.5 | 1.5 | |
Newcastle | 6.6 | 6.2 | 4.6 | 16.1 | 21.6 | 62.3 | 1.6 | |
Perth | 6.0 | 6.0 | 6.1 | 16.6 | 16.5 | 52.7 | 1.9 | |
Sydney | 14.8 | 3.3 | 3.4 | 30.8 | 29.4 | 131.2 | 0.8 |