More homes and less property investor activity has seen Victoria’s capital rise up the affordability rankings
  • king_comrade@lemmy.worldEnglish
    8·
    2 days ago

    ‘more affordable’ means only 10k cheaper than its peak lmao. Housing is so fucking cooked, is this the best we can expect from the market?

    • No1@aussie.zoneEnglish
      1·
      1 day ago

      I only did a very basic search, but the AI summary said that Sydney prices also peaked in 2022 (pandemic boom), declined, and have only recently reached the 22 levels.

      This article also has some interesting data for comparing Aus cities.

      Eg the Sydney median is $1.8M vs Melbourne 1.1M, and the difference in 2nd most expensive city to 5th most expensive city is less than $60k

  • notgold@aussie.zoneEnglish
    6·
    2 days ago

    So taxing the rich worked out well.for the less fortunate. Colour me pink, I’m shocked.