Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 5.59
Mortgage as Percentage of Income: 39.50%
Loan Affordability Index: 2.53
Price to Rent Ratio - City Centre: 14.68
Price to Rent Ratio - Outside of Centre: 15.14
Gross Rental Yield (City Centre): 6.81%
Gross Rental Yield (Outside of Centre): 6.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,077.27 A$ 1,400.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,573.31 A$ 1,000.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,128.57 A$ 2,500.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,325.00 A$ 1,900.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 572.81 A$ 464.51-929.02
Price per Square Feet to Buy Apartment Outside of Centre 443.94 A$ 371.61-495.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,898.00 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.68 2.60-5.00

These data are based on 123 entries in the past 18 months from 23 different contributors.
Last update: December 2020

Sources and References
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