Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 8.66
Mortgage as Percentage of Income: 75.93%
Loan Affordability Index: 1.32
Price to Rent Ratio - City Centre: 19.97
Price to Rent Ratio - Outside of Centre: 21.17
Gross Rental Yield (City Centre): 5.01%
Gross Rental Yield (Outside of Centre): 4.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,656.47 A$ 2,110.00-3,100.00
Apartment (1 bedroom) Outside of Centre 2,044.07 A$ 1,700.00-2,600.00
Apartment (3 bedrooms) in City Centre 4,164.64 A$ 3,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,948.38 A$ 2,400.00-3,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,012.92 A$ 882.57-1,254.18
Price per Square Feet to Buy Apartment Outside of Centre 798.54 A$ 650.32-1,096.25
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,629.09 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.25 5.30-6.50

These data are based on 198 entries in the past 18 months from 31 different contributors.
Last update: December 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far