• Best of luck to the class of 2024 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page

Comfortable city living needs big bucks (1 Viewer)

xMaNx

...
Joined
Apr 7, 2009
Messages
786
Gender
Male
HSC
2010
Comfortable city living needs big bucks

To live in Sydney and be comfortable you need an annual salary of about $100,000 and an inner city or beachside home close to work, the city's residents believe.
A survey of the opinions of 304 Sydneysiders shows living near the harbour or CBD is a top priority, even though affordability is falling.

"Sydney is still very much a harbour and beach city with a clear attraction to regions of Sydney near the water or close to the CDB, but it's a dream that's slipping away," the head of the Sydney Business Chamber Patricia Forsythe said.

The survey conducted for the chamber shows 60 per cent of respondents believe living in the nation's biggest city is less affordable than a year ago while a further 16 per cent say it's "very unaffordable".

Rents and mortgage payments were unaffordable or very unaffordable for 54 per cent.

But most - 68 per cent - still want to live in the pricey eastern suburbs, trendy inner west, beautiful northern beaches or upmarket north shore.

Only 27 per cent want to live in the vibrant and family-minded western, north west, south and south west suburbs.

And 85 per cent think an individual needs to earn at least $50,000 and as much as $150,000 to live comfortably in the nation's biggest city.

"The challenge for the government is to deliver more affordable housing in these areas and also to make the outer suburbs more attractive through job creation and cutting commuting times to employment areas," Ms Forsythe said.

Some 90 per cent of Sydneysiders catch public transport to get to work - a tiny one per cent use a bicycle - with most taking about 40 minutes to make a one-way journey.

According to Residex, the median two to three bedroom Sydney house price is $651,000, against $462,000 for London and $460,000 in New York.

The average annual salary for a working Australian is about $66,000, Australian Bureau of Statistics data show.

The latest Sydney Business Chamber Citypoll survey was conducted online.
Comfortable city living needs big bucks - Yahoo!7 News


imo it's true, life is becoming more expensive each day.



Thoughts?
 

postnatal

Banned
Joined
Jan 6, 2010
Messages
524
Gender
Undisclosed
HSC
N/A
lol vibrant and family minded west.......


uhhhhhhh :uhoh:
 

s-p-a-c-e-d

Active Member
Joined
Jun 1, 2006
Messages
1,057
Gender
Male
HSC
2006
:( bankstown is neither vibrant nor family-minded...

:) most people's idea of 'living comfortably' is probably far more unattainable than mine.
 

s-p-a-c-e-d

Active Member
Joined
Jun 1, 2006
Messages
1,057
Gender
Male
HSC
2006
not really no

do you want to live in thehospital???
 

duckcowhybrid

Member
Joined
Dec 20, 2008
Messages
959
Gender
Male
HSC
2010
If you're not retarded it's not hard to make $100k in any worthwhile profession after 5 years post uni or so. Emphasis on worthwhile.
 

SylviaB

Just Bee Yourself 🐝
Joined
Nov 26, 2008
Messages
6,886
Location
Lidcombe
Gender
Female
HSC
2021
imo it's true, life is becoming more expensive each day.

So when demand for something rises and the supply remains constant, the price goes up?

Omg liek no wai who would have guessed.
 

Garygaz

Active Member
Joined
Oct 25, 2007
Messages
1,827
Gender
Male
HSC
2008


Relevant.


Scientific results of a self carried out experiment.
 
Joined
May 20, 2009
Messages
3,272
Location
The Pub
Gender
Male
HSC
2007
lol its funny i never even used to even know about anything north and south of the city
it was like the city > west. further west the worse until you hit the mountains and inbreeding
 

Graney

Horse liberty
Joined
Jul 17, 2007
Messages
4,434
Location
Bereie
Gender
Male
HSC
2005
There's nothing wrong with the sample size.

They're surveying perceptions of affordability rather than analysing any objective measures though, so eh.
 
Joined
May 20, 2009
Messages
3,272
Location
The Pub
Gender
Male
HSC
2007
they should have used a ~5million sample size though
they didnt even get 1 person from each suburb!
 

kaz1

et tu
Joined
Mar 6, 2007
Messages
6,960
Location
Vespucci Beach
Gender
Undisclosed
HSC
2009
Uni Grad
2018
Urgh... used to live in the eastern suburbs, shittiest old houses there, same can be said for the inner west.
 

postnatal

Banned
Joined
Jan 6, 2010
Messages
524
Gender
Undisclosed
HSC
N/A
wtf are you on about? those terraces are one of the reasons why the inner west is booming.
 

scarybunny

Rocket Queen
Joined
Nov 7, 2004
Messages
3,820
Gender
Female
HSC
2005
Yeah a two-storey terrace in Newtown will set you back upwards of a mil.

But fuck it. Because Newtown is *awesome* and I will live there one day.
 

postnatal

Banned
Joined
Jan 6, 2010
Messages
524
Gender
Undisclosed
HSC
N/A
hahahahahahah never thought people could have bad taste in houses

glebe



yes there are a few that are not in this good of a condition but i'd much rather live in a dingy victorian/federation house than some Mcmansion
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top