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Property Prices in Melbourne, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 9.22 |
| Mortgage as Percentange of Income: | 69.23% |
| Loan Affordability Index: | 1.44 |
| Price to Rent Ratio - City Centre: | 21.63 |
| Price to Rent Ratio - Outside of Centre: | 25.33 |
| Gross Rental Yield (City Centre): | 4.62% |
| Gross Rental Yield (Outside of Centre): | 3.95% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,917.45 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,483.36 A$ | |
| Apartment (3 bedrooms) in City Centre | 3,639.12 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,186.30 A$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 861.07 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 699.51 A$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,555.79 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.37 |
These data are based on 284 entries in the past 18 months from 49 different contributors.
Last update: April 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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