同样的钱在悉尼墨尔本买房，差距有多大？看完扎心了…

Core Insights - The significant price difference between Melbourne and Sydney's housing markets is primarily driven by land value, with Melbourne's median house price at AUD 1.06 million compared to Sydney's AUD 1.72 million, a difference of AUD 658,000 [1][3] - Melbourne's real estate market has experienced the lowest price growth among all capital cities over the past five years, making it more affordable compared to Sydney [3][6] Housing Affordability - With a budget of AUD 1.06 million, buyers can purchase homes in 89.7% of Melbourne's areas, while in Sydney, this budget only allows for homes in 27.3% of the areas [3][6] - In popular Sydney neighborhoods like Glebe, Newtown, and Bondi, it is nearly impossible to buy a standalone house with a budget of AUD 1.06 million, often requiring compromises such as purchasing an apartment instead [6][7][8] Property Types and Locations - For AUD 1.06 million in Sydney, buyers may only afford a two-bedroom apartment or a larger one-bedroom apartment in desirable areas [8][9] - To purchase a townhouse or terrace house in Sydney, buyers need a budget of over AUD 1.5 million [9] - In areas like Blacktown, AUD 1.06 million could buy a renovated three-bedroom house, but this budget may soon only suffice for properties needing significant renovations [11][12] Comparison of Purchasing Power - With a budget of AUD 1.72 million in Melbourne, buyers can find properties almost anywhere, including good options in central areas like Richmond and Hawthorn, with two to three bedrooms available [13] - In contrast, Sydney's median house prices within 5 kilometers of the city center range from AUD 1.7 million to AUD 4.2 million, significantly higher than Melbourne's [13][14] - Melbourne's real estate market offers greater diversity and better affordability compared to Sydney [14]