Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 9.45
Mortgage as Percentage of Income: 70.59%
Loan Affordability Index: 1.42
Price to Rent Ratio - City Centre: 17.83
Price to Rent Ratio - Outside of Centre: 17.57
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 5.69%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,696.23 A$ 2,000.00-3,125.00
Apartment (1 bedroom) Outside of Centre 2,252.53 A$ 1,945.00-2,600.00
Apartment (3 bedrooms) in City Centre 4,299.94 A$ 3,932.00-4,775.00
Apartment (3 bedrooms) Outside of Centre 3,382.22 A$ 2,865.00-3,970.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 924.55 A$ 758.45-1,254.18
Price per Square Feet to Buy Apartment Outside of Centre 742.53 A$ 551.56-1,105.54
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,749.46 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.32 2.90-5.55

These data are based on 291 entries in the past 18 months from 46 different contributors.
Last update: March 2023

Sources and References
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