A shocking map shows the brutal reality of Australia's soaring property market, with just six suburbs across Sydney accessible for buyers with a 20 per cent deposit up to $100,000. New data from Aussie Home Loans' suburb spotter map has revealed where prospective homeowners can buy based on their deposit size and median property prices. Sydneysiders with a smaller nest egg are limited to homes in the western outskirts as the Australian dream slips away from thousands of young people amid climbing property prices. According to the research, more one in two Australian property buyers feel unsure how to approach their property goals, while over half feel stuck due to market pressure. 'According to our research, two in three property buyers are missing out on properties because they were not ready with a pre-approval.

Source: Daily Mail May 18, 2021 09:52 UTC