Perth prices are probably now about 7 times the average wage....

  1. greg_perth
    328 Posts.
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    20/10/08
    18:37
    Post #: 4408982
    Perth prices are probably now about 7 times the average wage. Assuming an average income of $60,000 and $426,000 as the new median house price. If wages go up again next year and house prices remain flat this could get closer to 6.5.
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    lightbulb Created with Sketch.  Great analysis
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