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The shocking collapse in Australian housing affordability

November 6, 2024 - 00:10 -- Admin

Last month, PropTrack released data showing that Australian housing affordability has declined to its lowest level on record with median-income households earning just over $112,000 a year able to afford only 14% of homes sold across the nation. A median-income renting household could only afford 11% of homes sold in the previous year (and just 9%

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