Property Prices in Gold Coast, Australia

Index Info
Price to Income Ratio: 5.70
Mortgage as Percentage of Income: 41.82%
Loan Affordability Index: 2.39
Price to Rent Ratio - City Centre: 16.04
Price to Rent Ratio - Outside of Centre: 19.12
Gross Rental Yield (City Centre): 6.23%
Gross Rental Yield (Outside of Centre): 5.23%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,814.29 A$ 1,400.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,314.29 A$ 1,000.00-1,850.00
Apartment (3 bedrooms) in City Centre 3,037.86 A$ 2,500.00-4,215.00
Apartment (3 bedrooms) Outside of Centre 2,270.00 A$ 1,850.00-2,650.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 571.35 A$ 464.51-645.67
Price per Square Feet to Buy Apartment Outside of Centre 500.12 A$ 371.61-571.35
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,054.18 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.09 3.50-4.80

These data are based on 66 entries in the past 18 months from 11 different contributors.
Last update: January 2021

Sources and References
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