BRISBANE is the nation's second-least affordable place to buy a house
 

BRISBANE is the nation's second-least affordable place to buy a house, eclipsing Melbourne.

Only Sydney now has more expensive homes, with the average cost of house-and-land packages in Brisbane up to $365,000.

In Sydney the cost is a hefty $428,000 but in Melbourne it is significantly cheaper at $270,000.

In its quarterly survey carried out with the Commonwealth Bank, the HIA found even Adelaide, long considered a bargain city, had an average cost of $260,000

In the past five years, the national average mortgage has jumped from $140,000 to $212,000.

22/8/05
http://www.couriermail.news.com.au/c...5E3102,00.html

Re: BRISBANE is the nation's second-least affordable place to buy a house
 

Re: BRISBANE is the nation's second-least affordable place to buy a house
 

The bayside house market woudlnt get you much for 212K$ !. Might get a pool for that ;-)

Re: BRISBANE is the nation's second-least affordable place to buy a house
 

that's peanuts compared to London though,

Re: BRISBANE is the nation's second-least affordable place to buy a house
 

Which would be fine if we were all coming from London. We're not.

The house prices and more importantly commute times from further out (i.e. potentially cheaper houses) has made us consider Cairns rather than Bris.

Cadman

Re: BRISBANE is the nation's second-least affordable place to buy a house
 

That's a long commute from Cairn's ;-)