{"id":6472,"date":"2015-11-26T18:00:33","date_gmt":"2015-11-26T07:00:33","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=6472"},"modified":"2015-11-26T18:00:33","modified_gmt":"2015-11-26T07:00:33","slug":"what-does-500000-buy-john-mcgrath","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/","title":{"rendered":"What does $500,000 buy? – John McGrath"},"content":{"rendered":"

Half a million dollars sure isn’t what it used to be!<\/strong>
\nWhat you can get for that amount varies dramatically from city to city.<\/p>\n

\n
\n
In his column in\u00a0Switzer<\/a>, John McGrath takes a look at what $500,000 will buy you in Sydney, Brisbane and Melbourne.<\/article>\n<\/div>\n<\/div>\n

Here’s what he had to say:<\/h4>\n

Back in 2004, $500,000 was Sydney\u2019s median house price.
\nToday, it\u2019s considered entry level buying at best \u2013 and we\u2019re not talking houses, we\u2019re talking mostly apartments.
\nIn our latest annual McGrath Report, we took on the challenge of working out where young buyers with a budget of $500,000 could afford to buy and what type of property this budget would allow them.
\nWe analysed sales and new listings data from this year only for Sydney, Melbourne and Brisbane on realestate.com.au and we also referred to research published in the July 2015 Residential Report of independent property valuation firm, Herron Todd White.
\nIn Sydney, half a million will buy a studio or one bedroom apartment if you know where to look in the inner and middle rings.
\nIn Brisbane, you can buy a three bedroom house in many areas close to the CBD.
\nIn Melbourne, $500,000 is enough for a two bedroom apartment or a smaller house in certain suburbs.
\nNo wonder more Sydneysiders are considering a move to the north or south capitals these days.<\/p>\n

Here are some examples of what $500,000 will buy you in each city<\/h4>\n

\"\"<\/p>\n

\"\"
\n\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Half a million dollars sure isn’t what it used to be! What you can get for that amount varies dramatically from city to city. In his column in\u00a0Switzer, John McGrath takes a look at what $500,000 will buy you in Sydney, Brisbane and Melbourne. Here’s…<\/p>\n","protected":false},"author":176692471,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,13,17],"tags":[],"class_list":["post-6472","post","type-post","status-publish","format-standard","hentry","category-buying-a-property-topic","category-latest-story","category-property-investment"],"yoast_head":"\nWhat does $500,000 buy? - John McGrath - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What does $500,000 buy? - John McGrath - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Half a million dollars sure isn’t what it used to be! What you can get for that amount varies dramatically from city to city. In his column in\u00a0Switzer, John McGrath takes a look at what $500,000 will buy you in Sydney, Brisbane and Melbourne. Here’s...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-26T07:00:33+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.switzer.com.au\/assets\/8332\/sydney_normal.jpg\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"What does $500,000 buy? – John McGrath\",\"datePublished\":\"2015-11-26T07:00:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/\"},\"wordCount\":246,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.switzer.com.au\\\/assets\\\/8332\\\/sydney_normal.jpg\",\"articleSection\":[\"Buying a property\",\"Latest Stories\",\"Property Investment Topics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/\",\"name\":\"What does $500,000 buy? - John McGrath - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.switzer.com.au\\\/assets\\\/8332\\\/sydney_normal.jpg\",\"datePublished\":\"2015-11-26T07:00:33+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.switzer.com.au\\\/assets\\\/8332\\\/sydney_normal.jpg\",\"contentUrl\":\"http:\\\/\\\/www.switzer.com.au\\\/assets\\\/8332\\\/sydney_normal.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/what-does-500000-buy-john-mcgrath\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What does $500,000 buy? – John McGrath\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What does $500,000 buy? - John McGrath - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/","og_locale":"en_US","og_type":"article","og_title":"What does $500,000 buy? - John McGrath - Realty Talk","og_description":"Half a million dollars sure isn’t what it used to be! What you can get for that amount varies dramatically from city to city. In his column in\u00a0Switzer, John McGrath takes a look at what $500,000 will buy you in Sydney, Brisbane and Melbourne. Here’s...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/","og_site_name":"Realty Talk","article_published_time":"2015-11-26T07:00:33+00:00","og_image":[{"url":"http:\/\/www.switzer.com.au\/assets\/8332\/sydney_normal.jpg","type":"","width":"","height":""}],"author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"What does $500,000 buy? – John McGrath","datePublished":"2015-11-26T07:00:33+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/"},"wordCount":246,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#primaryimage"},"thumbnailUrl":"http:\/\/www.switzer.com.au\/assets\/8332\/sydney_normal.jpg","articleSection":["Buying a property","Latest Stories","Property Investment Topics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/","name":"What does $500,000 buy? - John McGrath - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#primaryimage"},"thumbnailUrl":"http:\/\/www.switzer.com.au\/assets\/8332\/sydney_normal.jpg","datePublished":"2015-11-26T07:00:33+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#primaryimage","url":"http:\/\/www.switzer.com.au\/assets\/8332\/sydney_normal.jpg","contentUrl":"http:\/\/www.switzer.com.au\/assets\/8332\/sydney_normal.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/what-does-500000-buy-john-mcgrath\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"What does $500,000 buy? – John McGrath"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/6472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=6472"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/6472\/revisions"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=6472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=6472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=6472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}