Housing affordability continues to deteriorate across most of the country, with a new report showing the average block size has shrunk 13 per cent in capital cities over the past decade. But the cost per square metre has not reduced - meaning buyers are effectively paying more - for less
Domain's new Housing Affordability report shows Sydney is the most expensive city based on block size - costing an average of $2400 per square metre.
Buyers are likely to find greater value in Adelaide, Brisbane and Perth at around half the price.
And it's not just the capital cities that have been affected.
Share
