[lmiller1990]

I bought my first house for 650k (Brisbane) just before covid. It’s now worth about 1M. 350k appreciation in ~4 years - bonkers. Glad I got it then since I probably wouldn’t be able to buy it now.

You can still get a place in the 700k area but it’s a lot further out, a lot older and will likely need a lot more work. That said many in our generation inherited the boomer attitude of big house and big backyard - I think expectations need to change, but negative gearing really needs to go.