110 BUYERS Showed Up to ONE House: INSIDE Australia's Most INSANE Property Market

110 buyers. One house. $160,000 over asking price. 45 separate offers. And an agent who said they'd never seen anything like it in their entire career.
This happened in suburban Perth in October 2025, and it's not an isolated incident. It's the new normal in Australia's property market.

Five years ago, Perth was the most affordable capital city in Australia. Today, it's overtaken Sydney as the most unaffordable rental market in the country. Property prices have surged 84% from their cycle low. Rents have exploded 90% since 2020. Homes are selling in just 9 days with dozens of competing offers. And one rental property attracted 92 people fighting for a single $650-a-week lease.

But this isn't just a Perth problem. Nationally, three out of four housing affordability metrics have hit all-time record highs. It now takes 11 years to save a deposit for an average home. Prices have grown nearly three times faster than incomes since the pandemic began. And Australia's property market has crossed the $12 trillion mark.

In this video, we break down exactly how we got here and why it's getting worse, not better.

We look at the rental crisis pushing working families to the brink, with some spending 50% of their income just to keep a roof over their heads. We examine why 45% of first home buyers now regret their purchase, driven by FOMO into financial decisions that could haunt them for decades. We explain why Australia is falling dramatically behind on its housing targets, building 27% fewer homes than needed while the construction industry collapses around us. Nearly 7,000 builders have gone bust in three years, leaving thousands of Australians with half-finished homes and lost deposits.

We also explore the great escape to regional Australia, and why even that safety valve has closed. The rental crisis has followed city-dwellers to the country, with regional areas now recording their worst affordability levels on record.

This video covers Perth, Sydney, Melbourne, regional Australia, and everywhere in between. Whether you're trying to buy your first home, struggling with rent, watching your kids locked out of the market, or just trying to understand what's happening to this country, this affects you.
The numbers are shocking. The stories are real. And the crisis is only accelerating.

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