Sydney remains the most expensive city in the country to buy a property with the average home in Greater Sydney now worth almost $1.13 million.

Good news everyone! House prices are becoming unaffordable at a slightly lower rate than previous!

Australian house and apartment values bounced back in 2023, increasing by 8.1 per cent nationally over 2023, according to new data.

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While the 2023 results represent a significant increase in home values across Australia compared to 2022, they pale in comparison to the 24.5 per cent surge recorded in 2021.

If these trends continue, I’m only 75 years away from affording my own house 😎