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AAP
AAP
Politics
Poppy Johnston

Average incomes not enough to buy a home

Perth is the only place nationally where average income earners can afford the median house price. (Richard Wainwright/AAP PHOTOS) (AAP)

Property prices may have cooled off but the average sole earner still can't afford the repayments on a mid-priced house in every capital city bar Perth.

Canstar analysis shows the dream of home ownership is still well out of reach for people on average incomes as rising interest rates continue to erode borrowing power.

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