Property Prices in Perth, Australia

Index Info
Price to Income Ratio: 9.47
Mortgage as Percentage of Income: 84.51%
Loan Affordability Index: 1.18
Price to Rent Ratio - City Centre: 22.30
Price to Rent Ratio - Outside of Centre: 23.93
Gross Rental Yield (City Centre): 4.48%
Gross Rental Yield (Outside of Centre): 4.18%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,627.62 A$ 2,000.00-3,300.00
Apartment (1 bedroom) Outside of Centre 1,930.20 A$ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,896.72 A$ 3,000.00-4,800.00
Apartment (3 bedrooms) Outside of Centre 2,938.61 A$ 2,260.00-3,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,093.72 A$ 607.30-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 871.35 A$ 418.06-1,161.28
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,583.37 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.47 5.56-7.50

These data are based on 322 entries in the past 18 months from 52 different contributors.
Last update: April 2024

Sources and References
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