Property Prices in Hervey Bay, Australia

Index Info
Price to Income Ratio: ?
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 49.88
Price to Rent Ratio - Outside of Centre: ?
Gross Rental Yield (City Centre): 2.00%
Gross Rental Yield (Outside of Centre): ?

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Also, consider looking into aggregate data for Average in Australia

Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,600.00 A$
Apartment (1 bedroom) Outside of Centre 1,500.00 A$
Apartment (3 bedrooms) in City Centre 2,400.00 A$
Apartment (3 bedrooms) Outside of Centre 2,400.00 A$
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,496.21 A$
Price per Square Feet to Buy Apartment Outside of Centre ?
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,440.00 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.20

These data are based on 8 entries in the past 18 months from 2 different contributors.
Last update: January 2023

Sources and References
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1 Comments so far
Dianne O'Keefe on Mar 15, 2023:
I found this page to be very helpful in understanding property prices in Hervey Bay. As a real estate agent in the area, I recently wrote a blog post on the topic of real estate growth and how it's affecting property prices. If you're interested in learning more, please feel free to visit our website and read our blog post on the subject.
Dianne O'Keefe
Property Brokerage Hervey Bay