Property Prices in Sydney, Australia

Index Info
Price to Income Ratio: 14.85
Mortgage as Percentage of Income: 131.67%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 32.52
Price to Rent Ratio - Outside of Centre: 29.46
Gross Rental Yield (City Centre): 3.07%
Gross Rental Yield (Outside of Centre): 3.39%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,304.27 A$ 2,773.88-4,200.0
Apartment (1 bedroom) Outside of Centre 2,213.87 A$ 1,650.0-2,800.0
Apartment (3 bedrooms) in City Centre 6,246.27 A$ 4,156.0-9,500.0
Apartment (3 bedrooms) Outside of Centre 3,910.6 A$ 3,000.0-6,500.0
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,227.56 A$ 1,199.99-4,005.97
Price per Square Feet to Buy Apartment Outside of Centre 1,310.81 A$ 929.02-1,579.34
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,413.43 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.39 5.0-7.0

These data are based on 341 entries in the past 18 months from 64 different contributors.
Last update: November 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