Revealed: How far out typical Sydney first homebuyers have to move

By Matt Wade
Updated December 8 2017 - 11:38am, first published 11:33am
Revealed: How far out typical Sydney first homebuyers have to move
Revealed: How far out typical Sydney first homebuyers have to move

A typical Sydney first homebuyer can afford just one in every 10 properties in the city and must move an average of 31 kilometres from the central business district to buy a flat and 56 kilometres from the CBD to buy a detached home, a Reserve Bank study has found.

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