Property Prices in Darwin, Australia

Index Info
Price to Income Ratio: 19.14
Mortgage as Percentage of Income: 147.14%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 56.01
Price to Rent Ratio - Outside of Centre: 104.62
Gross Rental Yield (City Centre): 1.79%
Gross Rental Yield (Outside of Centre): 0.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,351.39 A$ 1,100.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,135.28 A$ 920.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,482.00 A$ 2,080.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,014.76 A$ 1,600.00-2,240.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,548.37 A$ 185.80-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 2,392.23 A$ 139.35-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,541.50 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.65 3.75-5.60

These data are based on 49 entries in the past 18 months from 10 different contributors.
Last update: April 2021

Sources and References
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