Sydney Housing Market: Singles Priced Out as Affordability Crisis Deepens
2025-02-23
9News.com.au
The Sydney housing market has become increasingly unaffordable for single wage earners, with new research revealing the stark reality of the city's property prices. According to a recent study by comparison site Compare the Market, solo earners are being locked out of the market due to soaring prices and limited affordability. This trend is exacerbating the housing affordability crisis in Sydney, making it challenging for singles to secure a home. With the city's property market continuing to boom, experts warn that singles may need to consider alternative options, such as shared housing or outer-suburban areas, to get a foothold in the market. Key factors like housing affordability and property prices are driving this trend.