Map found in BankWest Key Worker Housing Affordability Report 2008 based on salaries of nurses, ambulance officers, teachers, police and firefighters.An Australia-wide comparison placed the NSW North Coast's Bryon Bay in the top ten least affordable towns and rural areas for key workers.
The Far North Coaster online magazine reports:
The BankWest Key Worker Housing Affordability Report released this week based on ‘key workers’ salaries found Byron Bay the most expensive place to live in regional NSW, with Kiama second, Ballina third and Tweed fourth.---
The report used a median house price in Byron Shire of $501,500.
The median house price in Ballina Shire was $435,000, while in Tweed Shire it was $433,500.
The report based its figures on average salaries for teachers, nurses, police officers, ambulance officers and fire-fighters.
Average salaries used in the study were: nurses $48,661; teachers $54,835; police officers $65,913; fire-fighters $55,783; and ambulance officers $61,893.
An area was classified as unaffordable if median house prices are more than five times a key worker’s annual earnings.
1 comment:
Looking at that map shows that housing UNaffordability is a myth. You don't have to move to far to find affordable housing. It's also based on 50-60K, now imagine how hard it is for the poor worker on 20-30k, the real workers.
Anyone in the jobs listed have zero things to complain about, however those earning less than that have every right to complain.
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