Brisbane’s lost its affordability crown. But is our lifestyle worth it? (australia) — SMH
SMH ·australia ·2 hours ago

Brisbane’s lost its affordability crown. But is our lifestyle worth it?

Brisbane lost its status as the most affordable east-coast capital, overtaken by Melbourne amid soaring property prices. A recent report shows median house prices surged to $1.225 million, with couples now needing joint incomes of $204,000 to buy a home. Residents express concern over escalating living costs, indicated by a 68 percent increase in owner-occupier loans since 2021.

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Published 05 Jul 2026, 19:00 UTC · Updated 05 Jul 2026, 19:10 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections