Sydney CBD Offices Are More Affordable Than Sydney’s Cheapest Houses

With a median dwelling price of $880,000, Sydney remains the most expensive city to purchase a home. Meanwhile, in the heart of the Sydney CBD, there are over 100 offices that sold for under $604,762 in the year to May 2017.

As of May, the cheapest 10% of houses in Sydney were valued at up to $604,762. In other words, even the lowest value houses in the greater Sydney metropolitan – from the eastern suburbs to Penrith – are expensive relative to other assets.

Meanwhile, in the heart of…