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Average Australian can't afford to buy a house anywhere in the country- new research
Average Australian can't afford to buy a house anywhere in the country, new research says Source: Moment RF / sakchai vongsasiripat/Getty Images
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Australians aiming to buy a home face grim prospects as new research reveals the daunting income required to afford a house in any capital city. Data from the Parliamentary Library, commissioned by the Greens, indicates that to purchase a home, a borrower would need to earn $164,400 annually—nearly two-thirds more than the average salary of $98,218. Renuka Thuraisingham brings the story.
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