QLD - Housing affordability stress rises

HOUSING STRESS across the Western Downs in Queensland has slowly been increasing and now the proof is on paper with the release of the Western Downs Housing Affordability Strategy. Completed by KPMG, the strategy found that the house price to income ratio for the Western Downs had climbed from 1.8 to 2.7 between 1997 and 2011, equating to a 3% annual growth.  Read More...