Tuesday 22 October 2019

Housing affordability in Australia




This bar chart illustrates the average house prices in capital cities in March 1980 and March 2016 in Australia. In general,  the house prices have increased enormously since 1980.   In 1980, the house prices are steadable and affordable. However, in 2016, the house prices rocketed and people's housing affordability was decreased a lot. Sydney made the highest house prices in both 1980 and 2016. Melbourne has become the second higher. Nowadays, many people who live in Australia are struggling to buy their own houses, especially in Sydney.