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Refer to RPDATA on medians as of oct 31 2014: http://www.corelogic.com.au/resources/pdf/indices/2014-11-03--rpdata-rismark-home-value-index.pdf It says syd is 680k median whereas perth is 525k median, representing about 30% higher in syd compared to perth.

Not true. The median price gap between Sydney and perth is less than 50%. [ happy to be proven otherwise by stats...] But anyway, I was not referring to dollar amounts - neither house price dollars nor salary $. My earlier post mentions depth and breadth of jobs- this results in choice and...

For what Perth offers in comparison to Syd and Mel (jobs depth and breadth) yes, I find it tough to justify perth prices in comparison to Syd/Mel and increasingly Brisbane. Sure prices are high in those cities, but they offer (jobs) so much more than perth such that I believe they are better...

In my opinion, there are better value plays than perth. I always thought perth to be overpriced for what it offers. Its no Sydney nor Melbourne nor even Brisbane, yet prices in perth are high comparatively.