Property Prices in Canberra, Australia

Index Info
Price to Income Ratio: 9.03
Mortgage as Percentage of Income: 79.41%
Loan Affordability Index: 1.26
Price to Rent Ratio - City Centre: 19.86
Price to Rent Ratio - Outside of Centre: 20.45
Gross Rental Yield (City Centre): 5.04%
Gross Rental Yield (Outside of Centre): 4.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,705.96 A$ 2,300.0-3,060.0
Apartment (1 bedroom) Outside of Centre 2,144.13 A$ 1,800.0-2,512.0
Apartment (3 bedrooms) in City Centre 4,183.29 A$ 3,800.0-4,700.0
Apartment (3 bedrooms) Outside of Centre 3,132.04 A$ 2,600.0-3,800.0
Buy Apartment Price
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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 813.39 A$ 672.61-1,096.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,464.77 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.28 5.5-6.5

These data are based on 247 entries in the past 18 months from 36 different contributors.
Last update: October 2024

Sources and References
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