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How much of the housing market can different incomes buy?

Posted by admin on May 10, 2021
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Housing affordability is becoming an increasingly pressing concern through 2021, as dwelling values continue to rise, and first home buyer activity has started to decline. Through April, national dwelling values increased 1.8%, which is six times the average monthly movement in property prices for the past decade. Adjusting the median dwelling value in Australia for this monthly uplift suggests the typical home price rose $11,240 in the space of a month.

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