Property Prices in Wollongong, Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 7.63 |
| Mortgage as Percentage of Income: | 56.24% |
| Loan Affordability Index: | 1.78 |
| Price to Rent Ratio - City Centre: | 9.01 |
| Price to Rent Ratio - Outside of Centre: | 10.60 |
| Gross Rental Yield (City Centre): | 11.10% |
| Gross Rental Yield (Outside of Centre): | 9.43% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,216.67 A$ | |
| Apartment (1 bedroom) Outside of Centre | 2,290.00 A$ | |
| Apartment (3 bedrooms) in City Centre | 5,300.00 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 4,266.67 A$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 464.51 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 500.00 A$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,400.00 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.15 |
These data are based on 24 entries in the past 18 months from 6 different contributors.
Last update: May 2023
Sources and References
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