Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 12.97
Mortgage as Percentage of Income: 115.16%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 22.27
Price to Rent Ratio - Outside of Centre: 23.77
Gross Rental Yield (City Centre): 4.49%
Gross Rental Yield (Outside of Centre): 4.21%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,779.64 A$ 2,400.00-3,125.00
Apartment (1 bedroom) Outside of Centre 2,207.88 A$ 1,900.00-2,600.00
Apartment (3 bedrooms) in City Centre 4,249.95 A$ 3,800.00-4,800.00
Apartment (3 bedrooms) Outside of Centre 3,216.62 A$ 2,650.00-3,900.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,169.60 A$ 910.44-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 972.47 A$ 715.35-1,207.73
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,445.91 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.41 5.80-7.00

These data are based on 301 entries in the past 18 months from 43 different contributors.
Last update: February 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far