HomePricePeek

Hangzhou vs Perth

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Hangzhou vs Perth

Hangzhou is 40% more affordable for homebuyers. Hangzhou has a price-to-income ratio of 14.5x compared to 7.8x in Perth.

MetricHangzhouPerth
Avg Home Price$350,000$580,000
Price / sqm$5,800$6,500
Rent (1BR)$750/mo$1,800/mo
Rent (3BR)$1,300/mo$2,800/mo
Price-to-Income14.5x7.8x
Mortgage Rate4.2%6.2%
1yr Change-3.2%+6.2%
Median Income$24,000/yr$74,000/yr
Population12,200,0002,100,000
HangzhouView full details โ†’PerthView full details โ†’
๐Ÿ“Š
HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Hangzhou or Perth more expensive?
Hangzhou is more affordable. Home prices differ by $230,000 (40%).
Which city has cheaper rent, Hangzhou or Perth?
Rent for a 1BR in Hangzhou is $750/mo vs $1,800/mo in Perth.

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