Property Prices in Perth, Australia

Index Info
Price to Income Ratio: 6.10
Mortgage as Percentange of Income: 45.70%
Loan Affordability Index: 2.19
Price to Rent Ratio - City Centre: 19.37
Price to Rent Ratio - Outside of Centre: 19.34
Gross Rental Yield (City Centre): 5.16%
Gross Rental Yield (Outside of Centre): 5.17%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,535.20 A$ 1,200.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,206.65 A$ 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,629.28 A$ 2,000.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 1,695.44 A$ 1,300.00-2,150.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 589.69 A$ 371.61-882.57
Price per Square Feet to Buy Apartment Outside of Centre 426.36 A$ 278.71-557.41
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 4,485.79 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.35 4.00-5.00

These data are based on 136 entries in the past 18 months from 24 different contributors.
Last update: February 2018

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1 Comments so far

#actually, it's correct... on Mar 31, 2014 :
According to ABS's 6523.0 - Household Income and Income Distribution, Australia, 2011-12 (published Aug 2013): average equivalised weekly disposable household income in Western Australia is $1,017 (thus $4,068 monthly). Household (not individual) income is the most appropriate measure to use when assessing it against house prices. Also Perth's average income would be higher than the state's average income, so $4.5k/month seems appropriate.