Oceania: Property Prices Index by City 2023
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Chart: Price to Income Ratio
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Wellington, New Zealand | 12.9 | 4.5 | 4.3 | 22.3 | 23.0 | 102.2 | 1.0 | |
| Sydney, Australia | 12.2 | 3.1 | 3.5 | 31.8 | 28.2 | 86.0 | 1.2 | |
| Auckland, New Zealand | 10.7 | 3.4 | 3.9 | 29.0 | 25.4 | 81.8 | 1.2 | |
| Brisbane, Australia | 10.1 | 3.8 | 4.0 | 26.1 | 25.2 | 76.7 | 1.3 | |
| Melbourne, Australia | 8.2 | 4.3 | 3.8 | 23.1 | 26.6 | 57.9 | 1.7 | |
| Perth, Australia | 7.3 | 5.5 | 4.9 | 18.2 | 20.3 | 57.3 | 1.7 | |
| Adelaide, Australia | 6.6 | 5.5 | 7.2 | 18.0 | 13.9 | 50.0 | 2.0 | |
| Canberra, Australia | 6.4 | 6.3 | 6.9 | 15.9 | 14.5 | 44.3 | 2.3 | |
| Christchurch, New Zealand | 4.5 | 6.5 | 9.2 | 15.5 | 10.9 | 32.7 | 3.1 |