1975 vs 2025: The real cost of living in Australia
From $28k homes to $1.2m price tags: how did we get here?
What if you could buy a house in Sydney for just $28,000? In 1975, you could, and most families did it on a single income. Fast forward 50 years and that same home is worth around $1.2 million and the path to homeownership looks very different.
In this episode of The Brokers Lounge, Eddie and Carlo take a fascinating look at how Australia has changed since the mid-70s. They compare house prices, wages, and the cost of everyday essentials like bread, milk, and petrol, and explore why the great Australian dream is harder to reach today…
The skinny
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