Property Prices in Hobart, Australia

Index Info
Price to Income Ratio: 10.60
Mortgage as Percentage of Income: 97.51%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 24.48
Price to Rent Ratio - Outside of Centre: 25.66
Gross Rental Yield (City Centre): 4.08%
Gross Rental Yield (Outside of Centre): 3.90%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,512.50 A$ 1,600.00-3,700.00
Apartment (1 bedroom) Outside of Centre 1,947.14 A$ 1,330.00-3,200.00
Apartment (3 bedrooms) in City Centre 3,340.00 A$ 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,622.86 A$ 1,960.00-4,100.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,100.15 A$ 842.44-1,486.44
Price per Square Feet to Buy Apartment Outside of Centre 898.06 A$ 650.32-1,114.83
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,073.84 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.86 6.10-8.00

These data are based on 71 entries in the past 18 months from 11 different contributors.
Last update: April 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far