Property Prices in Melbourne, Australia

Index Info
Price to Income Ratio: 9.61
Mortgage as Percentange of Income: 70.89%
Loan Affordability Index: 1.41
Price to Rent Ratio - City Centre: 23.25
Price to Rent Ratio - Outside of Centre: 25.87
Gross Rental Yield (City Centre): 4.30%
Gross Rental Yield (Outside of Centre): 3.86%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,874.73 A$ 1,500.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,467.15 A$ 1,200.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,504.37 A$ 2,500.00-4,523.00
Apartment (3 bedrooms) Outside of Centre 2,300.93 A$ 1,600.00-3,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 898.96 A$ 743.22-975.47
Price per Square Feet to Buy Apartment Outside of Centre 724.91 A$ 529.54-854.70
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 4,546.57 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.16 3.80-4.80

These data are based on 241 entries in the past 18 months from 45 different contributors.
Last update: October 2019

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DeutschImmobilienpreise in Melbourne
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ItalianoPrezzi delle proprietà immobiliari a 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?