Property Prices in Perth, Australia

Index Info
Price to Income Ratio: 9.00
Mortgage as Percentage of Income: 80.34%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 21.98
Price to Rent Ratio - Outside of Centre: 23.45
Gross Rental Yield (City Centre): 4.55%
Gross Rental Yield (Outside of Centre): 4.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,579.18 A$ 1,728.00-3,466.00
Apartment (1 bedroom) Outside of Centre 1,886.44 A$ 1,460.00-2,300.00
Apartment (3 bedrooms) in City Centre 3,899.85 A$ 3,000.00-4,800.00
Apartment (3 bedrooms) Outside of Centre 2,906.79 A$ 2,250.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,066.39 A$ 607.30-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 838.56 A$ 418.06-1,161.28
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,697.54 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 5.56-7.50

These data are based on 339 entries in the past 18 months from 55 different contributors.
Last update: April 2024

Sources and References
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