Six numbers to know about today’s FHBs

Six numbers to know about today’s FHBs
Jennifer DukeOctober 6, 2014

Looking at the figures in realestateVIEW’s first home buyer report, here are the six numbers that stood out.

The report was a national survey of 1,086 people, of which 44.6% were first home buyers (and those reflected in the figures below).

50.7%

The percentage of first home buyers who have children.

Over a third

The proportion of those who have not bought because they think house prices are too high.

10.7%

The percentage of first home buyers under age 30.

1/10

The proportion of those questioning whether now is the right time to buy.

15.1%

First home buyers refusing to purchase as they can’t afford their ideal location.

76.8%

First home buyers believing that the market will deliver strong or moderate growth over the next five to 10 years.

Source: realestateview.com.au

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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