Property Prices Rankings in Australia

Compare cities by Property Prices metrics and find the best places to live

Worldwide
Australia
The Property Prices Rankings for Australia evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Adelaide
3

Adelaide

#3 in Property Prices(#187 worldwide)

Adelaide, the capital city of South Australia, is renowned for its vibrant arts scene, world-class festivals, and rich cultural heritage. Known as the 'City of Churches,' Adelaide offers a unique blend of historical charm and modern sophistication. The city is a hub for food and wine, surrounded by some of Australia's most famous wine regions, including the Barossa Valley and McLaren Vale. With a Mediterranean climate, Adelaide enjoys warm, dry summers and mild winters, making it an attractive destination year-round. In recent years, Adelaide has emerged as a center for innovation and technology, with a growing number of startups and tech companies establishing a presence in the city. This has contributed to a dynamic and evolving economic landscape, attracting professionals and entrepreneurs from around the world.

Canberra
4

Canberra

#4 in Property Prices(#209 worldwide)

Canberra, the capital city of Australia, is a vibrant and modern city known for its unique blend of natural beauty and urban sophistication. As the political and administrative heart of the nation, Canberra hosts numerous national institutions and government buildings, including the Australian Parliament House. The city is renowned for its well-planned layout, designed by the American architect Walter Burley Griffin, which integrates vast green spaces and parks, providing a high quality of life for its residents. Canberra's cultural scene is thriving, with a rich array of museums, galleries, and theaters that reflect its diverse and dynamic community. Emerging trends in Canberra include a growing focus on sustainability and innovation, with initiatives aimed at enhancing public transport and promoting green energy solutions. The city's economy is bolstered by sectors such as education, research, and technology, making it an attractive destination for professionals and students alike.

Gold Coast
5

Gold Coast

#5 in Property Prices(#220 worldwide)

Gold Coast, located in Queensland, Australia, is renowned for its stunning beaches, vibrant nightlife, and thriving tourism industry. As one of Australia's premier holiday destinations, the city offers a unique blend of natural beauty and urban sophistication. The Gold Coast is characterized by its subtropical climate, making it an ideal location for outdoor activities year-round. In recent years, the city has seen significant growth in its cultural and economic sectors, attracting both domestic and international visitors. The Gold Coast is also known for its diverse population, contributing to a rich tapestry of cultural experiences and culinary delights. Emerging trends in the city include a focus on sustainable tourism and the development of innovative entertainment options.

Melbourne
6

Melbourne

#6 in Property Prices(#232 worldwide)

Melbourne, the capital city of Victoria, Australia, is renowned for its vibrant arts scene, diverse culinary offerings, and dynamic cultural landscape. Known as Australia's cultural capital, Melbourne boasts a rich tapestry of history and modernity, making it a hub for innovation and creativity. The city is characterized by its eclectic mix of Victorian architecture and contemporary skyscrapers, reflecting its evolution from a 19th-century gold rush town to a bustling metropolis. Melbourne's multicultural population contributes to its unique character, with influences from Europe, Asia, and beyond shaping its identity. In 2024, Melbourne continues to thrive as a center for education, technology, and finance, attracting talent and investment from around the world. The city's commitment to sustainability and innovation is evident in its green spaces, public transport initiatives, and community-focused urban planning.