According to expert forecasts, by 2025, the median house price in Sydney will reach an astonishing 1.53 million Australian dollars, with purchasing an apartment requiring at least 850,000 Australian dollars. This trend is expected to result in social stratification, where only high-income families can afford homes, while average-income families are forced to seek to purchase apartments or consider moving to the outskirts of the city.

Experts warn that as house prices continue to rise, Sydney could soon become another global metropolis where only high-income families can afford to own their own homes.

For average earners, although the government has introduced some buyer subsidy policies, these policies have been unable to keep pace with the soaring property prices.

It is predicted that by 2025, no area in Sydney will have an average house price lower than 750,000 Australian dollars, and only a few areas will have median apartment prices below 600,000 Australian dollars.

For many tenants seeking to escape the rental trap, becoming a first-time homebuyer has become their hope for breaking free from the dilemma.

However, despite the fact that the income of many Australian working-class individuals is steadily increasing, it is expected that the pace of wage growth in the next two years will still not be able to catch up with the rate at which house prices are rising. Consequently, more and more average-income families may be forced to give up their dreams of buying standalone houses and instead consider purchasing apartments or moving out of the city.

Experts state that such stratification in the real estate market is not uncommon globally, with many world metropolises, such as London, New York, and Paris, facing similar challenges. In Sydney, the continuous rise in house prices is influenced by a complex array of factors, including loose loan policies, housing shortages, rising construction costs, and the impact of foreign investment and population growth, among others.