10 years ago Darwin and Sydney prices were pretty close, pretty sure a few years before that Perth may have even been at or above Sydney levels
either Darwin and Perth are cheap or Sydney melb very over priced
wages and house prices disconnect in 2000 with the cgt rules changed, it’s now appears to be a lot of speculative hot air in property markets imo as have disconnected from yields and wages, a big reason why cgt and negative gearing need to be addressed along with grants
