I was talking with friends about Sydney affordability ... there was some debate about linking income to home prices. You know how the story goes ... "well they paid $50K for that house back 20 years ago". No one however talks about wages then. If I compare today ... ** Sydney median home price $505,000 ( Source : SMH Feb, 2005 ) ** Sydney's average wage $70,702 p.a ( source : The Australia Aug, 2005 ). I am just curious if anyone has gone back 15, 10 or even 5 years back to find these 2 averages and see what the affordability looked like.