In 2022, Sydney was listed as the second-least affordable city worldwide in terms of housing affordability, as well as the most unaffordable capital city for houses in Australia, with a median multiple house price relative to income value of 15.3, meaning that housing prices in Sydney were over 15 times the average annual gross median household income.
Housing affordability across select capital cities in Australia in 2022, by median multiple house price relative to income
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Canstar Blue. (March 17, 2022). Housing affordability across select capital cities in Australia in 2022, by median multiple house price relative to income [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1358753/australia-housing-affordability-across-select-capital-cities-by-median-multiple-house-price-relative-to-income/
Canstar Blue. "Housing affordability across select capital cities in Australia in 2022, by median multiple house price relative to income." Chart. March 17, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1358753/australia-housing-affordability-across-select-capital-cities-by-median-multiple-house-price-relative-to-income/
Canstar Blue. (2022). Housing affordability across select capital cities in Australia in 2022, by median multiple house price relative to income. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1358753/australia-housing-affordability-across-select-capital-cities-by-median-multiple-house-price-relative-to-income/
Canstar Blue. "Housing Affordability across Select Capital Cities in Australia in 2022, by Median Multiple House Price Relative to Income." Statista, Statista Inc., 17 Mar 2022, https://www.statista.com/statistics/1358753/australia-housing-affordability-across-select-capital-cities-by-median-multiple-house-price-relative-to-income/
Canstar Blue, Housing affordability across select capital cities in Australia in 2022, by median multiple house price relative to income Statista, https://www.statista.com/statistics/1358753/australia-housing-affordability-across-select-capital-cities-by-median-multiple-house-price-relative-to-income/ (last visited December 22, 2024)
Housing affordability across select capital cities in Australia in 2022, by median multiple house price relative to income [Graph], Canstar Blue, March 17, 2022. [Online]. Available: https://www.statista.com/statistics/1358753/australia-housing-affordability-across-select-capital-cities-by-median-multiple-house-price-relative-to-income/
