We’re all doomed: Houses in Sydney’s Mt. Druitt are now more expensive than NYC

Originally posted from: http://feedproxy.google.com/~r/LostAtEMinor/~3/FtTq-kkTOl8/

We’re all doomed: Houses in Sydney’s Mt. Druitt are now more expensive than NYC

In possibly the most dream-shattering revelation of today, it has been discovered that buying a house in the Western Sydney suburb of Mt Druitt is now more expensive than buying a house in New York City.

It doesn’t end there though. The median price of a house in Mt Druitt is also more expensive than those located in Paris, Tokyo, Boston and Greater London. In terms of amenities, it seems our northern neighbours are getting a lot more bang for their buck.

To put it in perspective, a house in one of Sydney’s most outlying suburbs will cost you a mean $622,000AUD, while NYC’s going price is $535,974AUD. Unless you are some type of heir/heiress, you probably shouldn’t even consider central Sydney’s median house price (whi…

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