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We’re all doomed: Houses in Sydney’s Mt Druitt are now more expensive than NYC

In a dream-shattering revelation, it has been discovered that buying a house in the western Sydney suburb of Mt Druitt is now more expensive than buying one in New York City.

It doesn’t end there though. The median price of a house in Mt Druitt is also more expensive than those located in Paris, Tokyo, Boston and Greater London.

In terms of amenities, it seems our northern neighbours are getting a lot more bang for their buck.

To put it in perspective, a house in one of Sydney’s most outlying suburbs will cost you a mean $AUD622,000, while NYC’s going price is $AUD535,974. Unless you are some type of heir or heiress, you shouldn’t even consider central Sydney’s median house price (which is above one million bucks). In fact, an uninhabitable, deceased estate in Surry Hills sold for the ‘cheap’ price of $1.1 million in February this year.

About the author

Cormack is a Melbourne based freelance writer and photographer. He loves to travel, drink red wine, and spin records. On the weekends you’ll most likely find him eating pork buns or shaking up cocktails for his friends.

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