ILLUSTRATIVE LISTINGFor rentCondominium$3,900 / month
Capitol Grand — 2 Bed Luxury Apartments
South Yarra · VIC
200 m to South Yarra · straight line
2 beds2 baths84 sqft
Coliving

Australia Market Snapshot (Oct 2026): Prime residential property in Sydney & Melbourne trades at a median of A$13,800/m² (typical unit price A$1.18M, +5.6% YoY), with median rents at A$3,600/mo and gross rental yields of 4.4%. Acquisition taxes follow Stamp Duty · ABS, and mortgage financing reaches up to 80% LTV for residents and 65% LTV for eligible foreign buyers (Mortgage Calculator · Stamp Duty Calculator).
| Area / Precinct (Sydney & Melbourne) | Median / m² | Median Rent | Gross Yield | 12M YoY |
|---|---|---|---|---|
| Sydney CBD | A$16,900 | A$4,400 | 4.1% | +5.9% |
| Melbourne CBD | A$10,400 | A$3,100 | 4.9% | +4.2% |
| Brisbane City | A$11,200 | A$3,350 | 5.0% | +8.4% |
According to official open data benchmarks on Property.co, the prime median price in Australia (Sydney & Melbourne) is A$13,800/m² (median sale price A$1.18M, +5.6% YoY), with a median monthly rent of A$3,600/mo and gross rental yield averaging 4.4%.
Foreign non-residents can purchase new dwellings and off-the-plan apartments subject to FIRB approval and state foreign purchaser additional duty (typically 8% in NSW and VIC).
APRA requires Australian lenders to test mortgage serviceability at +3.0% above the actual product rate, with 80% standard LTV (without LMI) and FIRB/foreign buyer duty surcharges for non-residents. Statutory transfer/stamp duty in Australia follows Stamp Duty · ABS (APRA (3% Serviceability Buffer) & State Revenue). Local residents qualify for up to 80% LTV and non-residents up to 65% LTV.
Property.co’s 3-tier Flexible Space Directory at /australia/operators/coworking, /australia/operators/coliving, /australia/operators/serviced, and /australia/operators/self-storage lists verified operators and individual district branches in Australia with transparent monthly rate cards, on-site facilities, and direct WhatsApp/tour booking.
ILLUSTRATIVE LISTINGFor rentCondominium$3,900 / month
South Yarra · VIC
200 m to South Yarra · straight line
2 beds2 baths84 sqft