Property Prices in Australia
| Index |  |
|---|---|
| Price to Income Ratio: | 8.06 |
| Mortgage as Percentage of Income: | 71.32% |
| Loan Affordability Index: | 1.40 |
| Price to Rent Ratio - City Centre: | 22.96 |
| Price to Rent Ratio - Outside of Centre: | 22.16 |
| Gross Rental Yield (City Centre): | 4.35% |
| Gross Rental Yield (Outside of Centre): | 4.51% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,110.46 A$ | |
| Apartment (1 bedroom) Outside of Centre | 1,682.07 A$ | |
| Apartment (3 bedrooms) in City Centre | 3,551.83 A$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,631.56 A$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 953.58 A$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 711.19 A$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,561.29 A$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.37 |
These data are based on 2623 entries in the past 18 months from 479 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Australia
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Adelaide | 8.9 | 3.7 | 4.5 | 27.3 | 22.3 | 78.9 | 1.3 | |
| Brisbane | 8.8 | 4.2 | 4.9 | 23.6 | 20.5 | 77.2 | 1.3 | |
| Cairns | 9.0 | 4.1 | 4.7 | 24.3 | 21.2 | 83.4 | 1.2 | |
| Canberra | 8.6 | 4.6 | 4.6 | 21.7 | 21.7 | 75.7 | 1.3 | |
| Gold Coast | 10.6 | 4.1 | 6.6 | 24.7 | 15.1 | 94.9 | 1.1 | |
| Hobart | 6.9 | 5.9 | 4.8 | 16.9 | 20.9 | 62.3 | 1.6 | |
| Melbourne | 7.9 | 4.9 | 4.3 | 20.5 | 23.1 | 69.4 | 1.4 | |
| Newcastle | 7.6 | 5.3 | 4.5 | 18.8 | 22.2 | 69.0 | 1.4 | |
| Perth | 6.0 | 6.1 | 5.8 | 16.4 | 17.3 | 53.5 | 1.9 | |
| Sydney | 12.8 | 3.7 | 4.1 | 27.2 | 24.6 | 113.2 | 0.9 |
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