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  1. Kingbrown

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    Other way around - Perth median will be higher than Sydney in a couple of years. It's inevitable, there is just too much money in WA, not enough housing, fastest growing city (population), highest wages, etc etc.
  2. Kingbrown

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    Hi Kenneth. The demographia survey does not rank any other cities outside of the 6 countries its lists. Therefore, it does NOT rank Perth or Sydney as the 11th or 7th most unaffordable housing cities in the WORLD, it ranks them only within the 6 countries listed.
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