As of June 2023, the average number of years needed to save for a deposit for a house in New South Wales, Australia was 20 years. In comparison, the average number of years needed to save for a unit deposit in New South Wales was 14 years.
Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory
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Other statistics that may interest you Residential housing market in Australia
Overview
5
- Premium Statistic Quarterly house price to income ratio Australia 2018-2023
- Premium Statistic Quarterly house price to rent ratio Australia 2018-2023
- Premium Statistic Quarterly real house price index Australia 2018-2023
- Premium Statistic Quarterly rent price index Australia 2018-2023
- Basic Statistic Household lending value Australia 2014-2023
Housing market
6
- Basic Statistic Quarterly residential housing number Australia 2013-2023
- Basic Statistic Mean residential property price Australia 2013-2023
- Premium Statistic Median residential property value Australia 2023, by city
- Premium Statistic Annual change in home value Australia 2023, by city
- Premium Statistic Median house value Australia 2023, by city
- Premium Statistic Average home ownership length Australia 2023, by state
Housing finance
8
- Premium Statistic Largest mortgage providers Australia 2023, by value of gross lending
- Premium Statistic Total home loan lending of the Commonwealth Bank of Australia FY 2018-2023
- Premium Statistic Total home loan lending of Westpac Australia FY 2018-2023
- Basic Statistic Monthly growth in housing finance Australia 2021-2023
- Basic Statistic Household lending for owner occupied homes Australia 2014-2023
- Basic Statistic Household lending for investment homes Australia 2014-2023
- Basic Statistic Household lending to first home buyers Australia 2020-2023, by buyer type
- Premium Statistic Share of owner occupied mortgage holders at risk Australia 2020-2023
Rental market
8
- Premium Statistic Average rental yield of houses Australia 2022-2023, by capital city
- Premium Statistic Average rental yield of units Australia 2023, by capital city
- Premium Statistic Average house and unit rent prices per week Australia 2023, by capital city
- Premium Statistic Household income share spent on rent Australia 2023, by metropolitan area
- Premium Statistic Share of household income spent on rent across Australia 2023, by regional area
- Premium Statistic Household income share spent on rent by dual income parents Australia 2023, by region
- Premium Statistic Income spent on rent by single full-time working parents Australia 2023, by region
- Premium Statistic Income spent on rent by students in shared housing Australia 2023, by region
Housing affordability
5
- Premium Statistic Most expensive suburbs for capital city houses Australia 2023, by median value
- Premium Statistic Most affordable suburbs for capital city houses Australia 2023, by median value
- Premium Statistic Top financial concerns among consumers Australia 2023
- Premium Statistic Opinion of consumers on house prices in the next two years Australia 2023
- Premium Statistic Consumer view on switching mortgage lender for a better deal Australia 2023
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finder.com. (August 24, 2023). Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory [Graph]. In Statista. Retrieved April 30, 2024, from https://www.statista.com/statistics/1412380/australia-average-years-needed-to-save-for-a-home-deposit-by-state-or-territory/
finder.com. "Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory." Chart. August 24, 2023. Statista. Accessed April 30, 2024. https://www.statista.com/statistics/1412380/australia-average-years-needed-to-save-for-a-home-deposit-by-state-or-territory/
finder.com. (2023). Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory. Statista. Statista Inc.. Accessed: April 30, 2024. https://www.statista.com/statistics/1412380/australia-average-years-needed-to-save-for-a-home-deposit-by-state-or-territory/
finder.com. "Average Number of Years Needed to save for a House or Unit Deposit in Australia as of June 2023, by State or Territory." Statista, Statista Inc., 24 Aug 2023, https://www.statista.com/statistics/1412380/australia-average-years-needed-to-save-for-a-home-deposit-by-state-or-territory/
finder.com, Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory Statista, https://www.statista.com/statistics/1412380/australia-average-years-needed-to-save-for-a-home-deposit-by-state-or-territory/ (last visited April 30, 2024)
Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory [Graph], finder.com, August 24, 2023. [Online]. Available: https://www.statista.com/statistics/1412380/australia-average-years-needed-to-save-for-a-home-deposit-by-state-or-territory/