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Property Prices in Cairns, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 4.91 |
| Mortgage as Percentange of Income: | 37.12% |
| Loan Affordability Index: | 2.69 |
| Price to Rent Ratio - City Centre: | 18.56 |
| Price to Rent Ratio - Outside of Centre: | 14.96 |
| Gross Rental Yield (City Centre): | 5.39% |
| Gross Rental Yield (Outside of Centre): | 6.69% |
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| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,179.64 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,007.33 A$ | |
| Apartment (3 bedrooms) in City Centre | 1,849.57 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,460.87 A$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 418.06 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 278.71 A$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,816.67 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.45 |
These data are based on 43 entries in the past 18 months from 8 different contributors.
Last update: January 2019
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