Property Prices in Melbourne, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 8.72 |
| Mortgage as Percentage of Income: | 62.70% |
| Loan Affordability Index: | 1.60 |
| Price to Rent Ratio - City Centre: | 24.31 |
| Price to Rent Ratio - Outside of Centre: | 26.31 |
| Gross Rental Yield (City Centre): | 4.11% |
| Gross Rental Yield (Outside of Centre): | 3.80% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,797.86 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,383.39 A$ | |
| Apartment (3 bedrooms) in City Centre | 3,353.50 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,241.76 A$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 900.23 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 704.60 A$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,952.36 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.87 |
These data are based on 363 entries in the past 18 months from 64 different contributors.
Last update: June 2020
Sources and References
This page in other languages:
DeutschImmobilienpreise in Melbourne
PortuguêsPreços de Imóveis em Melbourne
ItalianoPrezzi delle proprietà immobiliari a Melbourne
FrançaisPrix de l'immobilier à Melbourne
EspañolPrecios de Inmuebles en Melbourne
1 Comments so far