Property Prices in Sydney, Australia

Index Info
Price to Income Ratio: 12.98
Mortgage as Percentage of Income: 115.59%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 29.46
Price to Rent Ratio - Outside of Centre: 27.97
Gross Rental Yield (City Centre): 3.39%
Gross Rental Yield (Outside of Centre): 3.58%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,334.87 A$ 2,815.00-4,200.00
Apartment (1 bedroom) Outside of Centre 2,246.18 A$ 1,650.00-3,000.00
Apartment (3 bedrooms) in City Centre 6,246.42 A$ 4,300.00-9,500.00
Apartment (3 bedrooms) Outside of Centre 3,875.58 A$ 3,000.00-5,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,027.46 A$ 1,114.83-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,249.50 A$ 743.22-1,579.34
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,792.75 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.44 5.00-7.05

These data are based on 339 entries in the past 18 months from 56 different contributors.
Last update: December 2024

Sources and References
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1 Comments so far
Khwaza Muhammad Masoom on Sep 10, 2022:
What is the rate of land for house sq meter in sydney paramatta