Topic: Melbourne pips Sydney as least affordable city for home-buyers
MELBOURNE has for the first time overtaken Sydney to become the least affordable city in Australia for would-be home owners.
Despite a glut of housing on the Melbourne market, buying a house in the city is now more difficult than Sydney, according to the HIA-Commonwealth Bank Housing Affordability Index.
Read more: http://www.news.com.au/money/property/m … 5960573758