Time it takes for average Aussie to save for a home revealed

United Kingdom News News

Time it takes for average Aussie to save for a home revealed
United Kingdom Latest News,United Kingdom Headlines
  • 📰 9NewsSyd
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

With the escalating price of virtually everything causing pain at the hip pocket, the announcement comes as no surprise to most. 9News

causing people pain at the hip pocket, the announcement comes as no surprise to experts, who say Aussies are being forced to cut costs elsewhere in order to save., suggests that it'll take singles a total of eight years and eight months to save to buy a home in the country, with couples on a dual income looking at about four years and two months.

"Radically reducing their spending was top of the list for what they would comprise on followed by purchasing an older property and buying an apartment over a house rounded out the top three," she said.The study also found that 29 per cent of potential first home buyers say they are receiving some form of contribution from their parents or family.

The study also found that 29 per cent of potential first home buyers say they are receiving some form of contribution from their parents or family - is up from 21 per cent last year."The Bank of Mum and Dad comes with warnings," she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsSyd /  🏆 23. in AU

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Time it takes for average Aussie to save for a home revealedTime it takes for average Aussie to save for a home revealedWith the escalating price of virtually everything causing pain at the hip pocket, the announcement comes as no surprise to most. 9News
Read more »

Rescued Aussie sailor who spent months adrift with dog 'grateful' to be aliveRescued Aussie sailor who spent months adrift with dog 'grateful' to be aliveBREAKING: Sydney sailor Tim Shaddock, who spent three months adrift in the Pacific Ocean, is this morning safely back on land. LaurenTomasi 9News MORE:
Read more »

Rescued Aussie and dog adrift for months ‘grateful’ to be back on landRescued Aussie and dog adrift for months ‘grateful’ to be back on landThe real life Aussie “Cast Away' admitted he didn’t think he’d survive being stranded out in the Pacific Ocean as he set foot on dry land for the first time in three months.
Read more »

Huge win for Aussie sports fans as Foxtel extends broadcasting deal with ESPNHuge win for Aussie sports fans as Foxtel extends broadcasting deal with ESPNHuge win for Aussie sports fans as Foxtel extends deal to remain home of top US leagues
Read more »

Rescued Aussie sailor who spent months adrift with dog 'grateful' to be aliveRescued Aussie sailor who spent months adrift with dog 'grateful' to be aliveAfter months of eating raw fish, he joked that his first meal on land would be tuna sushi.
Read more »

'Playful' humpback breaches right next to Aussie whale watchers'Playful' humpback breaches right next to Aussie whale watchersBut the very close encounter did not stop there as the "whale highway" is in full swing.
Read more »



Render Time: 2025-03-04 06:16:29