New KPMG analysis reveals a dramatic shift in Australia's property market over the past six years, with homes valued between $500,000 and $600,000 dropping to less than 1% of new builds. Properties worth over $2 million have doubled during this period, while most new constructions now exceed $1 million in value. Approximately one-third of prospective buyers are being priced out of the housing market.

From Channel 7's popular breakfast show with Natali Barr and Matt Shirvington, Sunrise brings you the show's latest news, entertainment and human-interest stories.

From Channel 7's popular breakfast show with Natali Barr and Matt Shirvington, Sunrise brings you the show's latest news, entertainment and human-interest stories.

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Sunrise

From Channel 7's popular breakfast show with Natali Barr and Matt Shirvington, Sunrise brings you the show's latest news, entertainment and human-interest stories.

Middle-income Aussies locked out of property market

https://api.omny.fm/orgs/fa326977-3de5-4283-9b8b-af3500c58607/clips/5bc581bb-269b-49fc-90ce-b3f80160414e/transcript