Price/Rent Ratio in Australia compared to Pacific
Last update:
Next update:
February 2026
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Compare Countries and Cities
Australia real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Domain
- Australian Bureau of Statistics
- Real Estate Institute of Australia
