Gold Coast house for sale exposes Australia’s huge problem

Single house listing exposes the real reason why so many young Australians are struggling to buy a home

• Gold Coast townhouse sells for $250,000 more than what it cost two years ago 
• The property in Labrador was purchased for a whopping $770,000 in February 
• It was previously sold for $520,000 in October 2020 and $480,000 in 2015 
• The recent sale outraged social media users who slammed the markup on Reddit

By Miriah Davis For Daily Mail Australia

Published: 01:56 EST, 22 February 2022 | Updated: 02:53 EST, 22 February 2022