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First home buyers blamed for soaring prices

September 23, 2024 - 00:10 -- Admin

PropTrack’s latest housing affordability report revealed that housing has never been more unaffordable in Australia, with median-income households earning just over $112,000 a year only able to afford 4% of homes sold across the nation over the past year: Australians now need to be high-income households earning $213,000 a year (i.e., in the top 20%

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