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Property prices named the worst thing about Australia

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:09Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:09 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy rental affordability is a problem02:09AUSTRALIA’S reputation as one of the least affordable places to buy or rent in the world has seen the property market named the worst thing about the country — but even that won’t stop buyers. The allure of real estate here continues to hold firm compared to other destinations, with the latest WorldFirst Australian Liveability Ranking showing Australia’s property ranking above average for the rest of the world.The rankings — where expatriates and overseas-born residents rated Australia against the rest of the world — saw rental prices named the worst thing about Australia (5.2/10) with house prices coming in a close second worst (5.5/10). Shock as parents buy preschoolers’ new home FOLLOW SOPHIE FOSTER ON FACEBOOK Buy a penthouse and a pub WorldFirst head of foreign exchange Patrick Liddy found the results encouraging given none of the Australian rankings were below four.“Even the worst aspects of Australia — our property and rental prices — scored above five, which means they are just above average.“While it may seem that most people move abroad for work-related reasons, quality of life and safety are Australia’s biggest drawcards.”And, he said, all job-related factors were part of Australia’s top 10 best offerings. Brisbane safe as houses: RBA survey Rental costs were considered the worst thing about Australia followed by house prices. MORE: Quality of life had the top score of 8.2 for Australia — one being “very poor” and 10 being outstanding in comparison to their birth country.Safety (7.7), the weather and healthcare (both 7.5), wages (7.4), work/life balance (7.2) and career opportunities (7.0) all ranked the highest.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours ago The country’s political wrangling hasn’t done it any favours with politics named the third-worst thing (5.9/10) followed by the cost of living (5.9/10).The best thing about Australia was its quality of life, according to the survey of people born in the UK, Ireland, China, Hong Kong, Singapore, Japan, Korea, India, Philippines, North America and New Zealand. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51last_img

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