Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 8.73
Mortgage as Percentage of Income: 76.78%
Loan Affordability Index: 1.30
Price to Rent Ratio - City Centre: 19.80
Price to Rent Ratio - Outside of Centre: 20.28
Gross Rental Yield (City Centre): 5.05%
Gross Rental Yield (Outside of Centre): 4.93%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,719.45 A$ 2,200.00-3,060.00
Apartment (1 bedroom) Outside of Centre 2,141.82 A$ 1,800.00-2,512.00
Apartment (3 bedrooms) in City Centre 4,187.32 A$ 3,600.00-4,700.00
Apartment (3 bedrooms) Outside of Centre 3,132.04 A$ 2,600.00-3,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,020.16 A$ 896.51-1,272.76
Price per Square Feet to Buy Apartment Outside of Centre 805.95 A$ 664.62-1,096.25
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 6.28 5.50-6.50

These data are based on 241 entries in the past 18 months from 35 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