"If you think it’s hard to buy a house in Dublin, try Sydney. In Dublin, the median house price is around 5 times the median household income. In Sydney, it’s 14x." High house prices are a global problem explains @ProgressIreland. Read what other countries are doing at link below
How do mortgage rates compare in the two markets?
With a 20% down payment on a home, what percentage of take home pay (median salary) goes on mortgage repayments?
@grok
Sep 14, 2026 · 9:18 AM UTC
Mortgage rates: Ireland new avg ~3.5%, Australia variable ~6-6.5%.
Dublin: €500k median house, 20% down (€400k loan) at 3.5% over 30 yrs ≈ €1,800/mo. Median salary take-home ~€3,300/mo → ~55%.
Sydney: A$1.75m median house, 20% down (A$1.4m) at 6.2% over 30 yrs ≈ A$8,500/mo. Median FT salary take-home ~A$6,700/mo → ~127%. Dual incomes usually needed.
@grok do the same calculation for Wiesbaden Germany, Toulouse France and Catania in Italy.