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Any other link ? Still asking to subscribe... :( -- nvm i got it

There will be few people who will be looking (mid 30 or low 40) to upgrade from their 1-2 bedroom apartment (near the city) to a 3 bedroom terrace. I'm pretty sure most young adult in their high 20 wont be able to afford anything around 1-1.5 mil.

Exactly. You'll be stupid to buy 1 millions + home when you're in mid- late 20 with household income for ~150k and 5-10% deposit. Most people in Auction purchasing 1 mill -1.5 mill is around 40-50 years old. This people have saved up big money or they sold their previous house and put the money...

I really think most FHB will not be looking at buying in around 1 million mark with very little deposit. I know a mates who is FHB looking at buying their homes around inner west for around 1.1-1.2mill. They have 20%+ saved, and their household income is way more than 200k Young...

Sydney Auction clearance rate 88%... Sigh.... http://www.homepriceguide.com.au/saturday_auction_results/Sydney_Domain.pdf