To afford a home in the city they loved the Deakin family thought outside the box. They haven't looked back
www.abc.net.au
Sydney, Canberra and Melbourne have long been touted as Australia's most expensive cities when it comes to property, but after three years of a COVID-19-bolstered boom, Brisbane has climbed the ranks.

  • Since 2020, homes in Queensland’s capital have increased by 50 per cent, making it now the nation’s third most expensive city with median dwelling price of $787,217.

  • Michael Deakin’s family had to get innovative to survive Brisbane’s booming property market, combining incomes with his mother-in-law to buy a home for three generations.

Brisbane’s continual rent increases ‘unheard of’

  • Released today, the Domain Rental Report shows Brisbanites are now paying an average of $600 per week for houses and $560 for units.
  • 𝚝𝚛𝚔English
    2·
    10 months ago

    I’m glad I was born long enough ago to have been able to afford to buy a house (well, the mortgage on one anyway). I’d be fucked trying to buy anything in currentyear.

    • PetulantBandicootOPEnglish
      2·
      10 months ago

      Mortgage payments might suck a little, but at least you got a place to call yours.