Property Prices in Gold Coast, Australia

Index Info
Price to Income Ratio: 9.63
Mortgage as Percentage of Income: 87.18%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 29.66
Price to Rent Ratio - Outside of Centre: 24.62
Gross Rental Yield (City Centre): 3.37%
Gross Rental Yield (Outside of Centre): 4.06%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,262.50 A$ 2,000.00-2,800.00
Apartment (1 bedroom) Outside of Centre 2,083.33 A$ 1,600.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,366.67 A$ 3,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,957.14 A$ 2,600.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,254.18 A$ 882.57-1,950.95
Price per Square Feet to Buy Apartment Outside of Centre 940.64 A$ 557.41-1,950.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,135.42 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.00-7.50

These data are based on 69 entries in the past 18 months from 11 different contributors.
Last update: May 2024

Sources and References
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