McHunt
International Rep
Contributor
- Aug 25, 2018
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- #73
He might get more capital gain on his owned property in Sydney, so this Isn’t necessarily true in the long run.Rarely I agree with Buzz.
But on the cost of living and house prices, they are insane in Syd. In Jan, they hit 1.6mil for a median house in Sydney - literally double Bris. A good house in Syd, is even worse.
(source: https://www.abc.net.au/news/2022-01...creases-but-growth-expected-to-slow/100785706)
Add that to the extra tax, agent fees, et al. He's FAR worse off in Sydney on a $1mil / year than in Bris on $800k next year.