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Pedestrian.tv
Pedestrian.tv
National
Michael Di Iorio

Home On The (Out Of My Price) Range: This Report Says It’ll Take 16 Years To Save For A House

Our friends over at Domain (we don’t talk but I just know they like me) have released the 2022 edition of their annual First Home Buyer’s Report. Are we shocked to discover that Sydney is still an overly expensive pit of damnation? Absolutely not.

The report looked at roughly how long it will take an Aussie couple aged 25-34 to save a 20 per cent deposit on a home. It examined the difference in how much you’d need to save in every state and territory, as well as how much they have changed from last year’s report.

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