Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 9.16
Mortgage as Percentage of Income: 77.67%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 27.49
Price to Rent Ratio - Outside of Centre: 22.83
Gross Rental Yield (City Centre): 3.64%
Gross Rental Yield (Outside of Centre): 4.38%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre A$2,424.00 2,000.00-2,800.00
1 Bedroom Apartment Outside of City Centre A$2,063.00 1,800.00-2,400.00
3 Bedroom Apartment in City Centre A$4,060.00 3,220.00-6,778.00
3 Bedroom Apartment Outside of City Centre A$2,783.33 2,600.00-3,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre A$1,308.37 743.22-1,672.24
Price per Square Feet to Buy Apartment Outside of Centre A$846.89 603.86-1,207.73
Salaries And Financing
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Average Monthly Net Salary (After Tax) A$6,328.35
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.82 4.50-6.30

These data are based on 119 entries from 21 contributors over the past 18 months.
Last update: 12 June 2026

Sources and References
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