Treasurer Scott Morrison is calling on state and territory governments to do more to stop house prices ballooning.
The amount households are borrowing from the bank is getting more disproportionate to their pay packet.
Mr Morrison is asking state and territory governments to remove regulations and points out that house prices are not increasing across the board — the eastern capital cities are fuelling the house fire.
Keep on scrolling below to see the average income and what $600,000 will buy you in different towns and cities around Australia. Average income is from the 2011 census.
Sydney
MAP:distance between Sydndey and Granville
Median weekly income per household: $1,488
Average house price: $880,000 in June of this year, 3.6 per cent higher than the year before.
Ten years ago the average price tag was $500,000.
A two-bedroom home in Granville, half-an-hour's drive from the CBD or 40 minutes by train, costs $600,000.
Melbourne
MAP:distance between Melbourne and Kingsbury
Median weekly income per household: $1,230
Average house price: $605,000 in June of this year, 8.2 per cent higher than the year before.
Ten years ago the average price tag was $330,000.
For $600,000 you can buy a four-bedroom home in Kingsbury — half-an-hour's drive from the CBD or an hour on the tram.
Brisbane
MAP:distance between Brisbane and Tingalpa
Median weekly income per household: $1,388
Average house price: $497,000 in June of this year, 4.3 per cent higher than the year before.
Ten years ago the average price tag was $325,000.
For $600,000 you can buy a five-bedroom home in Tingalpa, which is a 30 minute drive from the CBD or 40 minutes by bus.
Perth
MAP:distance between Perth and East Perth
Median weekly income per household: $1,459 (2011 according to Census figures, but the ABS shows unemployment in Western Australia has increased since then)
Average house price: $523,000 in June of this year, 4.8 per cent lower than the year before.
Ten years ago the average price tag still lower at $370,000.
For $600,000 you can buy a three-bedroom house in East Perth, which is an eight minute drive from the city centre or four minutes by bus.
Darwin
MAP:distance between Darwin and Fannie Bay
Median weekly income per household: $1,806
Average house price: $565,000 in June of this year, 6.5 per cent lower than the year before.
Ten years ago the average price tag was $342,000.
A three-bedroom townhouse in Fannie Bay, 10-minute drive to the city centre, costs $600,000.
Hobart
MAP:Hobart Tasmania
Median weekly income per household: $1,065
Average house price: $355,000 in June of this year, 4.9 per cent higher than the year before.
Ten years ago the average price tag was $260,000.
For $600,000 you can buy a three-bedroom house in the city centre.
Canberra
MAP:distance between Canberra and Kaleen
Median weekly income per household: $1,947
Average house price: $623,000 in June of this year, 6 per cent higher than the year before. Ten years ago the average price tag was $385,000.
For $600,000 you can buy a four-bedroom home in Kaleen, which is a 15 minute drive to the city centre or 15 minutes by bus.
Adelaide
MAP:distance between Adelaide and Plympton
Average weekly income per household: $1,106
Average house price: $440,000 in June of this year, 3.5 per cent higher than the year before. Ten years ago the average price tag was $280,000.
$600,000 can buy you a two bedroom home in Plympton, which is a 10 minute drive from the city centre or the same time on the bus.
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