Brisbane has currently one of the most affordable housing prices
Brisbane’s housing affordability has improved over the most recent quarter due to increasing household incomes rising faster than dwelling values.
Over the past decade, affordability has improved because household incomes have increased by 31.2 per cent while median values have increased by a lower 25.8 per cent,” the report notes. The overall household increase in incomes has been more than house prices in real terms. This is great news for first home buyers.
It also found Darwin is now the most affordable