Property Prices in Parramatta, Australia

Index Info
Price to Income Ratio: 4.61
Mortgage as Percentage of Income: 39.08%
Loan Affordability Index: 2.56
Price to Rent Ratio - City Centre: 9.69
Price to Rent Ratio - Outside of Centre: 11.07
Gross Rental Yield (City Centre): 10.32%
Gross Rental Yield (Outside of Centre): 9.04%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 2,600.00 A$
1 Bedroom Apartment Outside of City Centre 2,200.00 A$
3 Bedroom Apartment in City Centre 5,630.00 A$
3 Bedroom Apartment Outside of City Centre 3,030.00 A$
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 557.41 A$
Price per Square Feet to Buy Apartment Outside of Centre 441.29 A$
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,833.33 A$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.83 4.50-6.50

These data are based on 12 entries from 3 contributors over the past 18 months.
Last update: 24 December 2024

Sources and References
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