Housing affordability at lowest level in 30 years, data shows

Housing in Australia now least affordable in 30 years

Housing affordability has sunk to its lowest level in three decades. Average mortgage costs have ballooned to 35 per cent of household incomes in some areas. Experts say that the affordability deterioration is attributed to steep and rapid rate rises and an overall rise in property prices during COVID-19.

Australia's housing affordability hits lowest level in 30 years: report

SYDNEY, Sept. 2 (Xinhua) -- A new report released on Saturday found that Australia housing affordability is currently at its worst level in at least three decad

Housing affordability at lowest level in 30 years, data shows

Skyrocketing house prices and mortgage rate increases have dragged housing affordability to its lowest level in three decades, according to new data from real estate analysts PropTrack.

Housing in Australia now least affordable in 30 years

Housing affordability has sunk to its lowest level in three decades. Average mortgage costs have ballooned to 35 per cent of household incomes in some areas. Experts say that the affordability deterioration is attributed to steep and rapid rate rises and an overall rise in property prices during COVID-19.

Housing in Australia now least affordable in 30 years

Housing affordability has sunk to its lowest level in three decades. Average mortgage costs have ballooned to 35 per cent of household incomes in some areas. Experts say that the affordability deterioration is attributed to steep and rapid rate rises and an overall rise in property prices during COVID-19.

Housing in Australia now least affordable in 30 years

Housing affordability has sunk to its lowest level in three decades. Average mortgage costs have ballooned to 35 per cent of household incomes in some areas. Experts say that the affordability deterioration is attributed to steep and rapid rate rises and an overall rise in property prices during COVID-19.