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April 19, 2025
Home » Is Australia’s Wealth Gap Growing? Here’s What’s Driving It

Is Australia’s Wealth Gap Growing? Here’s What’s Driving It

<a href='https://zakiameer.com.au/is-australias-wealth-gap-growing-heres-whats-driving-it/'>Is Australia’s Wealth Gap Growing? Here’s What’s Driving It</a>

The wealth gap in Australia is widening, and the property market is a major factor. With homes in high-demand areas like Strathfield selling for $7–8 million, it raises the question—can the average Australian still afford to buy a home? As property prices skyrocket and wages struggle to keep up, the divide between wealthy buyers and everyday Australians is becoming more evident. What’s driving these price surges, and what does it mean for future homeownership? Understanding these trends is crucial for anyone looking to enter the property market.

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