Property Prices in Melbourne, Australia

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	2,271.64 A$	1,600.00-3,200.00
Apartment (1 bedroom) Outside of Centre	1,843.03 A$	1,391.00-2,600.00
Apartment (3 bedrooms) in City Centre	4,273.00 A$	3,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre	2,689.74 A$	2,100.00-3,600.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,010.13 A$	929.02-1,300.63
Price per Square Feet to Buy Apartment Outside of Centre	779.32 A$	650.32-991.27
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,275.20 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.34	5.20-7.00

These data are based on 375 entries in the past 18 months from 63 different contributors.
Last update: December 2024