Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 5.53
Mortgage as Percentage of Income: 38.36%
Loan Affordability Index: 2.61
Price to Rent Ratio - City Centre: 15.92
Price to Rent Ratio - Outside of Centre: 14.24
Gross Rental Yield (City Centre): 6.28%
Gross Rental Yield (Outside of Centre): 7.02%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,937.27 A$ 1,500.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,640.78 A$ 1,440.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,128.57 A$ 2,750.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,294.44 A$ 1,900.00-2,635.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 596.39 A$ 487.74-929.02
Price per Square Feet to Buy Apartment Outside of Centre 426.19 A$ 371.61-495.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,978.27 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.47 2.60-4.40

These data are based on 124 entries in the past 18 months from 24 different contributors.
Last update: June 2021

Sources and References
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