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Property Prices in Melbourne, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 9.12 |
| Mortgage as Percentange of Income: | 68.77% |
| Loan Affordability Index: | 1.45 |
| Price to Rent Ratio - City Centre: | 22.04 |
| Price to Rent Ratio - Outside of Centre: | 24.71 |
| Gross Rental Yield (City Centre): | 4.54% |
| Gross Rental Yield (Outside of Centre): | 4.05% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,873.88 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,441.72 A$ | |
| Apartment (3 bedrooms) in City Centre | 3,513.08 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,142.56 A$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 852.67 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 665.47 A$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,480.15 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.42 |
These data are based on 309 entries in the past 18 months from 53 different contributors.
Last update: February 2019
Sources and References:
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DeutschImmobilienpreise in Melbourne
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FrançaisPrix de l'immobilier à Melbourne
EspañolPrecios de Inmuebles en Melbourne
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