Can't be as bad as the housing market in Sydney. For a sh*t hole house in the sticks, that'll take you one hour either way to get to work in the city, it'll set you back at LEAST $600 000, although that's a bargain. An average-sized house in an average suburb about a half-hour drive from the city will usually cost a little less than a million.
There are so many people in my generation with healthy incomes that have just had to accept they'll never be able to afford a home, and will have to raise their kids in apartments.