What Yuppie Invasion?

Inner city residential areas of large Australian cities have, it is said, been transformed by a marauding band of the professional middle class. These people bought dwellings with ‘potential’, took up residence, and refurbished their houses back to their original state or into some dainty contemporary form. Such has been the demand placed upon this housing that a sharp escalation in house prices has resulted. Increasing costs associated with this rise have forced many old, long-term, working class residents – the traditional inner city occupants – out into distant suburbs. Thus, inner city residential areas are now dominated by the middle class.