Friday, July 29, 2011

Housing Affordability in Brisbane

House prices in capital cities are forecast to stay severely unaffordable for at least a decade.

A study by the University of Canberra and AMP found that median house prices jumped 147 per cent to $417,000 between 2001 and 2011.

Most affordable

#4

Brisbane middle ring

Median:
$335,000

Price/Income 2011:
5.5

Price/Income 2001:
4.8

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