in the paper today – for a sydney sider to afford to buy the a median price home in sydney ie arnd 550k they need to earn 120,000 per year as a family.
so we have a situation where only the top 10 pct of salry earning families can affors the average house in sydney…..
glad i live in melbourne – how do you sydneysiders do it???
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why dont you all leave sydney and leed a less stressful life elsewhere. must admit the friends and family i know who live in sydney are obsessed with money/property/how to get ahead etc its like new york.
why not get some space and smell the roses down in good old melbourne
(written and authorised by the Victorian governmment) – kidding
I lived in Melbourne for 24 years, and am now living
in Cronulla, NSW. The Dandenongs/lilydale area of Melbourne is great, but I must say the beaches of Sydney are just that much better..
glad i live in melbourne – how do you sydneysiders do it???
The only reason we can afford to live where we live is that we bought our house 7 years ago. It has almost tripled in value so there is no way we could afford this suburb now.
And I have spent a lot of time in VIC, WA and QLD but Sydney is still the best city to live in…just pipping Perth.
I have lived in Sydney & Adelaide & now Newcastle. Have to say that I LOVE Adelaide, and after coming back to Sydney I couldn’t wait to get away again.
I was fortunate enough to buy my house in Sydney 5.5 years ago and am now renting it out.
Newcastle is fantastic! Close enough to Sydney to visit my rellies, but far enough away that they don’t just lob on my doorstep.
Lisa
PS. Being married to a very parochial South Australian, I don’t need to tell you in what regard Melbourne is held in our household! [V]
The gap will always be too large if you don’t at least try to make the jump.
Sorry guys and gals you got it wrooooooong Perth is the place to be. Beautiful beaches, you can live just about anywhere cheaply and have views forever…
I would agree Marisa except after living in Sydney for upteen years, you miss the rat race a bit in Perth. Weird I know but you do.
Hey don’t get me wrong I would move to WA (not necessarily Perth) any day. My other half likes Sydney (and Melbourne actually) for the shopping. There is so much more here.