1975 vs 2025: The real cost of living in Australia

The Broker's Lounge

From $28k homes to $1.2m price tags: how did we get here?

What if you could buy a house in Sydney for just $28,000? In 1975, you could, and most families did it on a single income. Fast forward 50 years and that same home is worth around $1.2 million and the path to homeownership looks very different.

In this episode of The Brokers Lounge, Eddie and Carlo take a fascinating look at how Australia has changed since the mid-70s. They compare house prices, wages, and the cost of everyday essentials like bread, milk, and petrol, and explore why the great Australian dream is harder to reach today.

From inflation and lifestyle shifts to the rise of “wants” over “needs”, they unpack what is really driving the gap between earnings and expenses. But it is not all bad news. They also share why today’s world offers more opportunities, access to information, and professional support than ever before.

Whether you are nostalgic for the “good old days” or curious about how far we have come, this episode will have you rethinking what has changed, what has not, and what it all means for your financial future.

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Get in touch with Eddie: https://calendly.com/eddie-link/30-min-home-loan-chat
Get in touch with Carlo: https://calendly.com/carlo-o8zv/30min
More info: https://www.linkwealthfinance.com.au/
Our Financial Services + Credit Guide: https://www.linkwealthfinance.com.au/fscg
Disclaimer: The information contained within this podcast is general in nature
and does not take into account your personal circumstances. Please reach out if
you wish to discuss your personal situation