Housing market: Blocks are getting smaller, prices are getting larger

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

Αυξάνονται οι τιμές των ακινήτων, την ώρα που η γη που αγοράζεις με αυτά συρρικνώνεται Source: SBS / SBS News

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.