Property Prices in Perth, Australia

Index Info
Price to Income Ratio: 6.19
Mortgage as Percentage of Income: 43.68%
Loan Affordability Index: 2.29
Price to Rent Ratio - City Centre: 21.17
Price to Rent Ratio - Outside of Centre: 23.24
Gross Rental Yield (City Centre): 4.72%
Gross Rental Yield (Outside of Centre): 4.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,501.67 A$ 1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,064.50 A$ 600.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,431.42 A$ 1,600.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,602.29 A$ 1,200.00-2,220.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 615.13 A$ 510.96-929.02
Price per Square Feet to Buy Apartment Outside of Centre 464.46 A$ 371.61-836.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,690.25 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.65 2.74-5.50

These data are based on 243 entries in the past 18 months from 49 different contributors.
Last update: April 2021

Sources and References
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