Property Prices in Melbourne, Australia

Index Info
Price to Income Ratio: 9.22
Mortgage as Percentange of Income: 69.23%
Loan Affordability Index: 1.44
Price to Rent Ratio - City Centre: 21.63
Price to Rent Ratio - Outside of Centre: 25.33
Gross Rental Yield (City Centre): 4.62%
Gross Rental Yield (Outside of Centre): 3.95%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,917.45 A$ 1,500.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,483.36 A$ 1,200.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,639.12 A$ 2,800.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,186.30 A$ 1,500.00-3,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 861.07 A$ 650.32-1,021.92
Price per Square Feet to Buy Apartment Outside of Centre 699.51 A$ 418.06-836.12
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 4,555.79 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.37 4.00-5.00

These data are based on 284 entries in the past 18 months from 49 different contributors.
Last update: April 2019

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DeutschImmobilienpreise in Melbourne
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1 Comments so far

#James Tan on Jan 22, 2019 :
What is the price of land (per sq ft) at Swanston Street?