SMH · general

The Sydneysiders considering a sea-change … to Melbourne

2 hours ago

Sydneysiders seeking affordable housing are increasingly considering Melbourne, where the mortgage gap with regional New South Wales has narrowed to under $40,000. Equifax reports that average loan inquiries in Melbourne now stand at $810,100 compared to $770,600 in regional NSW. Melbourne's stagnating property prices and job opportunities are attracting those looking for a metropolitan lifestyle.

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Summary by Glance · Original reporting by SMH

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