Take your first steps
The dream of owning our own home is etched into our national psyche. Because of the high buying costs, the focus is often on struggling millennials. But there are other age groups who want to enter the property market or add to their investments.
Bureau of Statistics data tells us that more people are getting into property later in life. Australians are living longer and retiring later, so it’s only natural that property investment follows the same trend.
Between 1995-96 and 2017-18, the average age of people buying their first home has increased from 33 for a new or established dwelling to 35 for a new dwelling and 36 for an established dwelling.
