Try our corporate solution for free!
+1 (212) 419-5770

Quarterly house price to income ratio in Australia 2016-2020

The house price-to-income ratio in Australia was 103.2 percent as of the second quarter of 2020. This ratio, calculated by dividing nominal house prices by nominal disposable income per head, increased from the previous quarter. The price-to-income ratio can be used to measure housing affordability in a specific area. A similar trend was seen for the house price-to-rent ratio in the same period.

Property bubble

There has been considerable debate over the past decade about whether Australia is in a property bubble or not. A property bubble refers to a sharp increase in the price of property that is disproportional to income and rental prices, followed by a decline. In Australia, rising house prices have undoubtedly been an issue for many potential homeowners. Along with the average house price, the average value of outstanding mortgages on residential dwellings has also continued to increase over the past 20 years.

Housing affordability

Housing affordability has varied across the different states and territories in Australia. In 2019, the median value of residential houses was the highest in Sydney compared to the other major Australian cities. Housing costs for Australian homeowners with a mortgage were around 16 percent of household income in financial year 2018. This share was higher for renters of private property in the same period.

House price to income ratio in Australia from 4th quarter 2016 to 2nd quarter 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until October 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

September 2020



Survey time period

Q4 2016 to Q2 2020

Supplementary notes

Release date is date that data were obtained.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Residential housing market in Australia"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.