Oceania: Current Property Prices Index by City

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
1	Sydney, Australia	12.5	3.7	4.0	27.2	24.7	110.9	0.9
2	Auckland, New Zealand	11.8	3.5	3.6	28.4	27.9	105.4	0.9
3	Wellington, New Zealand	10.2	3.7	3.9	26.7	25.8	94.2	1.1
4	Canberra, Australia	9.0	4.6	4.6	21.7	21.7	79.2	1.3
5	Adelaide, Australia	8.9	3.7	4.5	27.3	22.0	79.4	1.3
6	Brisbane, Australia	8.9	4.1	4.9	24.1	20.3	78.2	1.3
7	Melbourne, Australia	7.9	4.9	4.2	20.4	23.6	69.5	1.4
8	Perth, Australia	6.2	6.2	5.6	16.1	17.9	55.6	1.8
9	Christchurch, New Zealand	5.9	7.7	6.8	13.0	14.6	54.5	1.8