Rent Per Month | |
Range |
---|---|---|
Apartment (1 bedroom) in City Centre | 2,176.93 A$ | |
Apartment (1 bedroom) Outside of Centre | 1,689.47 A$ | |
Apartment (3 bedrooms) in City Centre | 3,617.51 A$ | |
Apartment (3 bedrooms) Outside of Centre | 2,536.34 A$ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 961.23 A$ | |
Price per Square Feet to Buy Apartment Outside of Centre | 702.64 A$ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 5,344.45 A$ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.39 |
These data are based on 2893 entries in the past 18 months from 526 different contributors.
Last update: January 2023
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 | 8.2 | 4.9 | 6.1 | 20.3 | 16.4 | 65.6 | 1.5 | |
Brisbane | 10.5 | 3.8 | 3.9 | 26.1 | 25.6 | 81.3 | 1.2 | |
Canberra | 8.8 | 5.8 | 5.9 | 17.3 | 16.9 | 64.9 | 1.5 | |
Gold Coast | 10.3 | 3.4 | 3.4 | 29.5 | 29.2 | 78.0 | 1.3 | |
Hobart | 7.7 | 2.9 | 3.6 | 35.0 | 27.6 | 51.5 | 1.9 | |
Melbourne | 8.9 | 4.3 | 3.7 | 23.5 | 27.4 | 65.2 | 1.5 | |
Perth | 7.6 | 5.3 | 4.9 | 18.8 | 20.5 | 60.0 | 1.7 | |
Sydney | 13.1 | 3.1 | 3.5 | 32.1 | 28.9 | 95.9 | 1.0 |