Wow I would have guessed closer to 500 for Melbs( city/suburbs)! Ours is relatively small, smaller than the average and twice our combined income but may increase when we sea change. Our first house was 100k- sold for 260, second was 370 sold for 560 and current purchased for 440( spent over 100 on renos) and should sit around 650. We live in the Eastern burbs. Amazing now to look back to that first place which was 12 years ago!!!