Insane Global Ranking that says it’s all about buying a house in Australia

Five Australian cities are included in the list of the top 15 most priceless places in the world to buy a house.

From the 2025 Demographia International Housing Affordability report, released this week, revealed Sydney” Melbourne” Brisbane” AdelaideAnd Perth belonged to the most expensive locations.

Sydney was declared Hong Kong.

Adelaide ranked sixth, Melbourne Ninth, Brisbane 11th and Perth 14th.

While Perth was assessed as ‘seriously priceless’, the other four capitals were classified as ‘impossible unaffordable’.

‘It is remarkable that these markets are less affordable than generally recognized world cities such as New York, Londonor Chicago“said the report.

The annual report, published by the center of Chapman University for Demography and Policy, compares the median house prices with average households in 95 large housing markets in Australia, New Zealand, the UK, the US, Canada, China, Ireland and Singapore.

Report head Wendell Cox said that Sydney consistently remained one of the least affordable housing markets worldwide.

Sydney is ranked as the second least affordable city in the world, behind only Hong Kong

Sydney, Melbourne, Brisbane, Adelaide and Perth can be seen in the top 15 least affordable cities worldwide

“Sydney had the first, second or third at least affordable homes of a large market in 16 of the last 17 years,” he wrote.

‘Even the smallest Australian market, Adelaide, tolerates an impossible unaffordable median multiple of 10.9, arranged in the 90th place of the 95 markets.

“It is remarkable that these markets are less affordable than generally recognized world cities such as New York, London or Chicago.”

The report stated that home ownership with an average income, as soon as widespread in developed countries had fallen considerably as the prices rose since the 1990s before the profit of households rose.

Researchers wanted to understand why the some markets were so hot.

“Under nations with a high income, home ownership in the middle income was once widespread, with house prices that are tailored to incomes,” the report said.

“However, prices have risen since the nineties – especially in markets that are controlled early by urban interlocking strategies (eg San Francisco, Sydney, London) – with houses that now cost 9-15 times the family income.”

Middle director Joel Kotkin attributed the trend to restrictive planning and policy for land use.

Urban Containment policy has increased land prices on the edges of large Australian cities, the report

“The Demographia report has shown that where such a policy dominates, for example in the VK, California, Washington, Oregon, Colorado, New Zealand, Australia and much of Canada, the results are disastrous, at least for potential home buyers,” Mr Kotkin said.

Researchers pointed to strategies ‘urban inclusion’ – including Greenbelts, destination restrictions and growth opportunities – as important factors of unprotectedability, in particular when such a policy limits the expansion of housing on urban frills.

“Almost all seriously unaffordable housing markets follow the urban inclusion model,” said Mr. Cox.

“The resulting land scarcity increases prices, in particular near the boundaries of urban growth.”

The report showed that in markets such as San Francisco, Sydney and London, the median house prices were reached between nine and 15 times the average family income.

Landwaarde was identified as the most important costs in these areas, where prices around areas that were permitted in the vicinity of previously limited zones.

The researchers also wondered whether the construction of homes with high density in existing urban areas actually improved affordability.

They warned that if such homes remained too expensive or unattractive for most people with an average income, the underlying problem would not continue to resolve.