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The issue is still around FHB who are trying to punch above their weight...a first home buyer, in my opinion, should be aiming at outskirt prices, currently in Brisbane, thats around the low 300s in the Logan area and just a touch more on the northside, at lets say Kallangur. This is FHB...

I think 500K is some sort of psychological barrier. I think after this ceiling is reached in Brissie, we will have to wait for inflation to up our jobs..so steady low percentage annual cg growth at roughly inflation levels of 2-5% is likely IMO.

I really should read the entire thread first...:)

Sorry, you are referring to median, not average...:)

Spot on, just had this discussion with my mate, with the same conclusion...has anyone told you you're smart Alex???:)