Australia
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- Price Change 5 yrs
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Price/Rent Ratio - Rent Years to Buy 120 Sq.M. Property - Australia Compared to Continent
| Australia |
17 yrs
|
| Guam |
8 yrs
|
| New Zealand |
18 yrs
|
| Vanuatu |
14 yrs
|
Australia: Price/rent ratio
This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 – so the higher the yield, the lower the price/rent ratio.
When wereas theise data collected? Click on individual countries to see the data collection date.
Australia has excellent house price statistics. Quarterly house price indices are available from the Australian Bureau of Statistics. Median house prices are published in the media releases of the Real Estate Institute of Australia. The Reserve Bank of Australia is the best source of analysis and developments in the housing market, as well as of general economics statistics. Economic reports are available from ANZ Bank and AMP Banking.
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