But even if you got $200k cash, and given the stock market has done so badly not many do, then your mortgage is $1000+/week on todays interest rates. A couple on a disposable income of $200k will be fine but average aussie not.
On a normal $55k salary this property is priced at almost 13 times earnings. Hardly cheap.
Just face it, wages have not kept up at all with housing prices, hence affordability is at decades low.
Disgusting how corporations such as Qantas then baulk at increasing someones petty wage by 3%, blaming inflation.
