Property Prices in Sydney, Australia

Index Info
Price to Income Ratio: 16.73
Mortgage as Percentage of Income: 148.74%
Loan Affordability Index: 0.67
Price to Rent Ratio - City Centre: 32.96
Price to Rent Ratio - Outside of Centre: 32.17
Gross Rental Yield (City Centre): 3.03%
Gross Rental Yield (Outside of Centre): 3.11%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,341.45 A$ 2,500.00-4,200.00
Apartment (1 bedroom) Outside of Centre 2,346.73 A$ 1,650.00-3,000.00
Apartment (3 bedrooms) in City Centre 6,580.79 A$ 4,500.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 3,867.23 A$ 3,000.00-5,100.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,326.76 A$ 1,393.53-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,471.99 A$ 929.02-1,765.14
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,111.80 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.42 5.00-7.05

These data are based on 382 entries in the past 18 months from 66 different contributors.
Last update: May 2024

Sources and References
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1 Comments so far
Khwaza Muhammad Masoom on Sep 10, 2022:
What is the rate of land for house sq meter in sydney paramatta