Original article by Cait Kelly
The Guardian Australia – Page: Online : 9-Apr-25

Data from CoreLogic has underlined Australia’s housing affordability crisis, with the median dwelling price rose by 39.1 per cent over the five years to March 2025. CoreLogic economist Kaytlin Ezzy says this equates to an increase of about $230,000 in the median price. The data also shows that the price of an average home reached a record high of 8.0 times the median income at the end of 2024; this compares with a housing values to incomes ratio of just 4.6 per cent in 2001 and 6.5 per cent in 2020.

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