🇦🇺 Australia

Can you afford a house in Australia?

Unaffordable — by Demographia's classification

The country median home in Australia costs A$798,000 and the median household earns A$100,700 — a price-to-income ratio of 7.9×. Ranked 29 of 46 for housing cost relative to income.

Median home price
A$798,000
Australia average
Median household income
A$100,700
after tax
Avg mortgage rate
6.30%
min down 10%

How Australia's housing affordability evolved

Price-to-income peaked at 7.9× in 2020. Today: 7.9×. If you had today's income in 1990, you could have afforded 44%of today's purchasing power for the country median home. The OECD average over the same period went from 4.3× in 1990 to 7.6× today.

19902024

How affordable is Australia for you?

Enter your income and savings to see your personal max-affordable price, years to a down payment, and how that compares to Australia's median.

あなたの家計について教えてください

年間の数字です。変更しない限り、各国の典型的な金利と最低頭金比率を使います。

Anchor: Australia average median 798,000 AUD · mortgage rate 6.30% · min down 10%

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