Rising prices could push buyers out of Brisbane and Gold Coast suburbs

A new report from PRD has revealed buyers could soon be priced out of Brisbane and Gold Coast suburbs.

ATO breakdowns reveal the cheapest home is averaging $700,000, which only 18 per cent of income earners can afford.

The report found Adelaide and Perth had the most affordable suburbs while Sydney had the most expensive.

[ricky]

Solution, stop non residents buying up all the properties

[ricky]

Our corrupt politicians causing all of our current problems atm

[Prognosis__]

Housing is only increasing because of over migration...supply and demand

[tadeuszmichaelwlodarczyk]

3 reasons for the hike in prices. Real-estate people (location location). Banks (saying how much you want). And third ( people out bidding each other)👐

[actualfacts]

Bring in another 3 million, Brittany can give them all one dollar each.

[ThePresidentOfAustralia]

MANDATE A LOCKDOWN AND ADMINISTER THE BOOSTERS!

[ThePresidentOfAustralia]

THIS IS BECAUSE PEOPLE HAVENT BEEN TAKING THE BOOSTERS!

[lukei]

Build social housing like HDB in Singapore or in Europe.

[harrysmith]

I suspect many people from US and Europe are buying properties in Australia as A$ is low against US$ and Euro$.

[meredithisme]

Fear for their life and safety will achieve that

[lappo]

Anastasia is loving her property portfolio

[actualfacts]

You just need to find some land that hasn't been built on already.

[LUCIFERBLACK-cnwt]

Welcome to life of our indigenous
Vote Yes..
Australians supporting our first nation caretakers....
Aussie Aussie Aussie 🇦🇺