Property Prices in Geelong, Australia

Index
Price to Income Ratio:	9.96
Mortgage as Percentage of Income:	75.59%
Loan Affordability Index:	1.32
Price to Rent Ratio - City Centre:	26.20
Price to Rent Ratio - Outside of Centre:	30.89
Gross Rental Yield (City Centre):	3.82%
Gross Rental Yield (Outside of Centre):	3.24%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,150.00 A$	1,000.00-1,300.00
Apartment (1 bedroom) Outside of Centre	764.44 A$	600.00-1,000.00
Apartment (3 bedrooms) in City Centre	2,140.00 A$	1,700.00-3,000.00
Apartment (3 bedrooms) Outside of Centre	1,566.67 A$	1,300.00-1,800.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	620.04 A$
Price per Square Feet to Buy Apartment Outside of Centre	508.47 A$
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,050.00 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.50

These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: November 2020

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