Property Prices Comparison Between Iceland and Australia 
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Rent Per Month | Iceland Edit |
Australia Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
277,291.67 kr (3,354.58 A$) |
174,728.51 kr (2,113.80 A$) |
-37.0 % |
| Apartment (1 bedroom) Outside of Centre |
249,310.34 kr (3,016.07 A$) |
138,868.37 kr (1,679.98 A$) |
-44.3 % |
| Apartment (3 bedrooms) in City Centre |
393,961.54 kr (4,766.01 A$) |
292,783.94 kr (3,542.00 A$) |
-25.7 % |
| Apartment (3 bedrooms) Outside of Centre |
338,074.07 kr (4,089.90 A$) |
218,266.16 kr (2,640.51 A$) |
-35.4 % |
Buy Apartment Price | Iceland Edit |
Australia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
85,617.11 kr (1,035.77 A$) |
78,304.90 kr (947.30 A$) |
-8.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
72,898.79 kr (881.90 A$) |
58,272.33 kr (704.96 A$) |
-20.1 % |
Salaries And Financing | Iceland Edit |
Australia Edit | |
| Average Monthly Net Salary (After Tax) |
551,378.66 kr (6,670.38 A$) |
458,693.85 kr (5,549.11 A$) |
-16.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.76 | 6.37 | -34.8 % |
| Last update: | March 2025 | April 2025 | |
| Contributors in the past 12 months: | 53 | 460 |
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