Property Unpacked

How long does it take to save for a first home deposit?


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The time taken for first-home buyers to save a deposit has continued to rise across most Australian capital cities. This week, we unpack how long it takes for first home buyers to save for that all-important 20 per cent deposit from city to city, and what factors are contributing to the results.
For more information on Domain’s First Home Buyer Report, visit: domain.com.au/research/domain-first-home-buyer-report-2020-989186
We provide an update on the private inspection situation in Melbourne and, later, Harry & Tash, the Melbourne father-daughter duo from The Block, join us to chat about their time on the show.
00:30 - Update on Melbourne’s private inspection ban
01:36 - How long it takes to save for a first home deposit
09:08 - Harry & Tash from The Block
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The information in this post is general in nature and should not be considered personal or financial advice.You should always seek professional advice or assistance before making any financial decisions. Digital Home Loans Pty Ltd t/a Domain Loan Finder (ABN 39 619 694 156, Credit Representative 500208) is authorised by Auscred Services Pty Ltd (ABN 50 164 638 171, Australian Credit Licence 442372). All applications are subject to assessment and lender approval.
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