Australia’s average housing affordability is the best it has been since 2016 with property in
some cities and regions the most attainable it has been in decades, according to new ANZCoreLogic research.
demographic data and shows over the last two years housing affordability has been
improving much faster than it had declined over the previous decade.
the most affordable capital city for buyers. Sydney is still the least affordable market to buy
in, followed closely by Melbourne.
property values follows a long period where prices increased at a much faster pace than
Australians and for the first time, we’re seeing suburbs and towns in every state where it is
more affordable to buy than rent
look at entering the market. For the first time in fifteen years most buyers are not chasing a
rising market,” Ms Gibson said.
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