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Melbourne and Brisbane Face $800K Housing Affordability Crisis

6/13/2025

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Story summary
  • A recent study by Domain Group uncovers a staggering affordability crisis for home buyers in Melbourne and Brisbane. In Melbourne, the gap near the CBD is a staggering $310,000, while Brisbane's upscale neighborhoods face an $800,000 deficit. As buyers flock to outer suburbs, the demand for varied housing options grows, reflecting a shift in priorities and financial realities.