Property prices levelling off, but the damage has already been done for would-be buyers like Shae

Although property markets such as Sydney and Melbourne may now be starting to cool, the pandemic boom has left ownership more inaccessible than ever for many prospective first home buyers.

"I'm going up against people [who] are planning to demolish the house or planning to build units on top. “Am I buying at a peak, and not going to make much money over the next couple of years, if I want to sell it later on?” she wondered. Regional property values increased by 5.1 per cent in the March quarter — compared with the 1.5 per cent increase recorded across the combined capital cities — thanks to population growth in the regions.

Source: News Formal (newsformal.com)

The damage is well and truly done. $700k median price for an average wage earner? Sure. Historic foreign investors that pay anything and pay no stamp duty being allowed to gobble up property while driving up prices? Now look where we are? Now normalised? Absolute disgrace.

Sar yah dhani aap vale hamare ghar per bahan beti ke sath chhidko chhedchhad karke gaye hain bahut badi chadh ja kar ke agent hai unke sar please option uthaiye

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