Property Prices in Perth, Australia

Index Info
Price to Income Ratio: 4.12
Mortgage as Percentage of Income: 28.60%
Loan Affordability Index: 3.50
Price to Rent Ratio - City Centre: 15.57
Price to Rent Ratio - Outside of Centre: 15.66
Gross Rental Yield (City Centre): 6.42%
Gross Rental Yield (Outside of Centre): 6.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,777.06 A$ 1,300.00-2,700.00
Apartment (1 bedroom) Outside of Centre 1,376.67 A$ 1,120.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,984.00 A$ 2,400.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,050.00 A$ 1,600.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 543.99 A$ 418.06-743.22
Price per Square Feet to Buy Apartment Outside of Centre 402.96 A$ 325.16-503.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,187.36 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.48 2.00-5.00

These data are based on 181 entries in the past 18 months from 33 different contributors.
Last update: August 2022

Sources and References
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