Property Prices in Melbourne, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 8.25 |
| Mortgage as Percentage of Income: | 68.73% |
| Loan Affordability Index: | 1.46 |
| Price to Rent Ratio - City Centre: | 19.12 |
| Price to Rent Ratio - Outside of Centre: | 22.72 |
| Gross Rental Yield (City Centre): | 5.23% |
| Gross Rental Yield (Outside of Centre): | 4.40% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 2,455.79 A$ | |
| 1 Bedroom Apartment Outside of City Centre | 1,843.05 A$ | |
| 3 Bedroom Apartment in City Centre | 4,754.85 A$ | |
| 3 Bedroom Apartment Outside of City Centre | 3,443.78 A$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 984.10 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 863.15 A$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 6,024.96 A$ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 5.61 | |
These data are based on 242 entries from 47 contributors over the past 18 months.
Last update: 9 April 2026
Sources and References
Nearby Cities:| Property Prices in Doncaster | 11.49 miles |
| Property Prices in Epping | 13.38 miles |
| Property Prices in Dandenong | 21.97 miles |
| Property Prices in Pakenham | 40.22 miles |
| Property Prices in Ballarat | 71.73 miles |
| Property Prices in Wangaratta | 149.91 miles |
| Property Prices in Albury | 195.47 miles |
This Page in Other Languages:
 DeutschImmobilienpreise in Melbourne
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 PortuguêsPreços de Imóveis em Melbourne
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 ItalianoPrezzi degli immobili a Melbourne
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 FrançaisPrix de l'immobilier à Melbourne
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 EspañolPrecios de las propiedades en Melbourne
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