Bankwest First Time Buyer Deposit Report

financial indicator series

18 December 2014

Hot property market leaves first home buyers waiting

Nationally, first time buyers are being forced to save for longer as the median value of houses outpaces salary growth. On average, Australian first time buyers will now take 4.1 years to save a 20 per cent deposit for a house, up from 3.9 years in 2013.

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