Average House Prices Australia and UK

UK
According to the National Statistics’ Annual Survey of Hours and Earnings, the UK “mean” gross annual earnings in 2008 for full-time employees, was £31,323 (Median was £25,123)
http://news.bbc.co.uk/2/hi/uk_news/magazine/8151355.stm

The UK Average house price was £224,064 according to the BBC
http://news.bbc.co.uk/2/shared/spl/hi/in_depth/uk_house_prices/html/houses.stm

To compare to the Australia figures that are on seperate pages, which compare the property prices to the joint incomes, we end up with figures of:

Total Annual Combined Income = £62,646
Average property price = £224,064
A multiple of 3.577

Australia

The multiples taken from each state are as follows:

Melbourne (Nov 2008)

Male weekly Income $1,266.40
Female weekly Income $1,039.60
Total Annual Combined Income = $119,912
Median Established House Price = $385,000
A multiple of 3.211

Sydney (Nov 2008)

Male weekly Income $1,327.10
Female weekly Income $1,072.70
Total Annual Combined Income = $124,799
Median Established House Price = $465,500
A multiple of 3.73

Brisbane (Nov 2008)

Male weekly Income
Female weekly Income
Total Annual Combined Income = $
Median Established House Price = $
A multiple of

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