 
|
|
Property Prices in Melbourne, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 8.93 |
| Mortgage as Percentange of Income: | 67.56% |
| Loan Affordability Index: | 1.48 |
| Price to Rent Ratio - City Centre: | 21.95 |
| Price to Rent Ratio - Outside of Centre: | 24.87 |
| Gross Rental Yield (City Centre): | 4.56% |
| Gross Rental Yield (Outside of Centre): | 4.02% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,760.60 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,361.33 A$ | |
| Apartment (3 bedrooms) in City Centre | 3,367.20 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,132.79 A$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 805.30 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 646.14 A$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,375.61 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.46 |
These data are based on 294 entries in the past 18 months from 50 different contributors.
Last update: August 2018
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
0 Comments so far