Property prices

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Take the capital city’s median house price of $1.65 million into regional NSW and your money can buy a lot more.

Property values went through a pandemic boom and bust, and while they’re not back to their peaks, they’re starting to pick up again.

Take the capital city’s median house price of just over $1 million into regional Victoria, and your money can buy a lot more.

In Brighton, a beach box could easily cost you $450,000. In Portsea, buyers pay up to $1 million. But elsewhere, they’re much cheaper.

Even locals are relocating along the coast for more affordable living and deeper community ties that the popular locale once had.

The property is changing hands for the first time in about 70 years, but another of the family’s homes could be yours for $100 million.

Demand for established housing remains high, with properties still selling quickly in a string of Perth postcodes.

For anyone watching homes in their area sell for millions, the budget considered achievable for an average household would be a big surprise.

For that price, there are swaying palms, water views, top security and room to build a dock large enough for a mega-yacht.

A survey of more than 300 C-suite executives and board members has underlined their concern over the lack of progress on housing affordability.