Property Prices in Sydney, Australia

Index Info
Price to Income Ratio: 10.12
Mortgage as Percentage of Income: 66.02%
Loan Affordability Index: 1.51
Price to Rent Ratio - City Centre: 30.72
Price to Rent Ratio - Outside of Centre: 25.24
Gross Rental Yield (City Centre): 3.25%
Gross Rental Yield (Outside of Centre): 3.96%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,444.27 A$ 1,800.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,808.82 A$ 1,300.00-2,384.00
Apartment (3 bedrooms) in City Centre 4,736.97 A$ 3,600.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 3,140.30 A$ 2,400.00-4,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,574.73 A$ 1,300.63-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 910.62 A$ 706.06-1,393.53
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,606.33 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.78 2.00-4.00

These data are based on 380 entries in the past 18 months from 80 different contributors.
Last update: September 2022

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

2 Comments so far
Khwaza Muhammad Masoom on Sep 10, 2022:
What is the rate of land for house sq meter in sydney paramatta
Ishwar dass on Feb 18, 2019:
What is the rate of land for house sq meter in sydney paramatta