Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 8.48
Mortgage as Percentage of Income: 74.38%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 21.71
Price to Rent Ratio - Outside of Centre: 21.63
Gross Rental Yield (City Centre): 4.61%
Gross Rental Yield (Outside of Centre): 4.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,482.00 A$ 2,100.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,873.25 A$ 1,600.00-2,350.00
Apartment (3 bedrooms) in City Centre 3,855.00 A$ 3,440.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,715.54 A$ 2,400.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,025.02 A$ 836.12-1,300.63
Price per Square Feet to Buy Apartment Outside of Centre 749.49 A$ 557.41-1,114.83
Salaries And Financing
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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 148 entries in the past 18 months from 29 different contributors.
Last update: February 2025

Sources and References
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