Australian apartments rank 12th global on price square metre

Australian apartments rank 12th global on price square metre
Staff reporterJuly 26, 2015

Australia ranks above Taiwan and below Switzerland in the Global Property Guide with a price per square metre of $7,250 and annual yield at 4.39%.

GLOBAL PROPERTY GUIDE
RENTAL YIELDS GLOBAL PROPERTY GUIDE
    
Apartments inPrice/sq. mRent/mo.Yield/ p.a              
UK€25,575.00€8,213.003.21%
Hong Kong$22,814$6,4312.82%
USA$18,499$7,2253.91%
Singapore$15,251$4,3322.83%
Japan$14,409$5,3933.74%
France€13,639.00€3,938.002.89%
Russia€11,866.00€3,820.003.22%
India$11,455$2,5402.22%
Austria€10,807.00€2,351.002.18%
Israel$10,166$2,3182.28%
Switzerland€10,020.00€3,816.003.81%
Australia$7,250$3,1824.39%
Taiwan$7,112$1,1171.57%
Bermuda$7,056$5,5974.76%
BVI$6,469$3,0712.85%
Canada$6,399$2,6724.18%
Finland€6,214.00€2,254.003.63%
Italy€5,930.00€2,288.003.86%
Luxembourg€5,669.00€2,180.003.85%
UAE$5,538$3,3406.03%
New Zealand$4,964$1,7656.09%
Netherlands€4,907.00€2,675.005.45%
Denmark€4,279.00€2,071.004.84%
South Africa$4,214$1,6363.88%
Cayman Is.$4,163$3,0187.25%
Germany€4,078.00€1,362.003.34%
Brazil$3,751$1,7654.71%
Lebanon$3,693$2,0824.51%
Thailand$3,638$1,8375.05%
Bahamas$3,632$2,9648.16%
St Kitts and Nevis$3,496$1,7124.90%
Spain€3,442.00€1,345.003.91%
Czech Rep.€3,384.00€1,415.004.18%
Turkey€3,324.00€1,346.004.05%
St Martin$3,267$4,0004.90%
Philippines$3,156$2,3697.51%
Martinique$2,979$1,5245.12%
Guadeloupe$2,925$1,4454.94%
Cambodia$2,913$1,5535.33%
Malaysia$2,873$1,0043.50%
Slovenia€2,843.00€1,268.004.46%
Ukraine€2,807.00€2,550.009.09%
Andorra€2,761.00€942.003.41%
Chile$2,749$1,7146.23%
Malta€2,748.00€888.003.23%
Indonesia$2,692$2,3958.90%
Mexico$2,635$2,0457.76%
Argentina$2,632$2,0327.72%
Latvia€2,618.00€1,228.004.92%
Greece€2,572.00€984.003.83%
Poland€2,482.00€1,666.006.71%
Belgium€2,420.00€1,338.005.53%
Estonia€2,373.00€1,016.004.28%
Trinidad & T.$2,334$1,6076.88%
Serbia€2,239.00€994.004.44%
Peru$2,074$1,2065.81%
Morocco$2,015$1,2176.04%
Panama$2,001$1,7998.99%
Lithuania€1,998.00€1,195.005.98%
Slovak Rep.€1,982.00€1,110.005.60%
Colombia$1,893$1,2136.41%
St Lucia$1,860$1,1083.57%
Cyprus€1,790.00€757.004.23%
Portugal€1,771.00€1,022.005.77%
Croatia€1,764.00€1,072.006.07%
Costa Rica$1,642$1,1478.38%
Romania€1,537.00€1,193.007.76%
Hungary€1,528.00€1,154.007.55%
Aruba$1,455$1,7747.32%
Jamaica$1,404$1,3699.75%
Montenegro€1,400.00€1,055.007.53%
Nicaragua$1,342$1,5967.13%
Ecuador$1,278$1,0278.04%
Bulgaria€1,222.00€566.004.64%
Jordan$1,211$1,29010.65%
El Salvador$1,193$1,0138.49%
Kenya$1,188$8206.90%
Macedonia€1,134.00€565.004.98%
Puerto Rico$1,103$8017.26%
Moldova€965.00€965.0010.00%
Egypt$831$9779.40%
Tanzania$700$5008.57%
Gambia$667$3305.94%
Madagascar$520$3207.38%
    
SOURCE: globalpropertyguide.com with mixed pricing

Editor's Picks

Gary Dempsey reveals second luxury Scarborough apartment development, Myka Residences
Inside the vision of Wahroonga Estate: Five minutes with Capital Corporation's Jim Hunter
First look: Last chance at Surry Hills Village as TOGA launches luxury terrace collection
Residents start to move into Development Victoria’s LUMA Sunshine North community
Olio Officer: Connected and affordable living in Melbourne's south east growth corridor