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Interesting comparison re: Sydney

Discussion in 'Property Market Economics' started by Sydlad, 5th Aug, 2015.

  1. Sydlad

    Sydlad Member

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    Prices are now comparable to London now...sep14 london median was just over £500,000 Screenshot_2015-08-05-21-58-53.png
     
  2. jaybean

    jaybean Well-Known Member

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    I sometimes find it pointless to make such comparisons. I'd give anything to be able to freely live in London or New York. But I can't. Not without a lot of pain with visas, sponsors etc. It's not like many of us have a choice. If we did then I'd agree that something looks lopsided...
     
  3. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Sydney & Gold Coast
    There has been some confusion about London median prices.

    The figure being quoted is for ALL London dwellings, not exclusively houses, which are closer to double the Sydney median house price.

    :)
     
  4. Chilliblue

    Chilliblue Well-Known Member

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    A better template is price per square metre