A survey conducted in April 2022 revealed that 32 percent of surveyed first-time home buyers in Australia intended to spend a maximum budget of 500 to 750 thousand Australian dollars on a home, with an average first home buyer budget of 749 thousand among all participants. Only one percent of participants intended to spend over three million Australian dollars on their first home.
Intended maximum budget of first-time home buyers in Australia in 2022
sample includes 372 participants who purchased their first home in the previous 12 months and 629 participants who intended to purchase a home in the next 12 months
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finder.com. (August 1, 2022). Intended maximum budget of first-time home buyers in Australia in 2022 [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1356991/australia-first-time-home-buyers-maximum-budget-intentions/
finder.com. "Intended maximum budget of first-time home buyers in Australia in 2022." Chart. August 1, 2022. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1356991/australia-first-time-home-buyers-maximum-budget-intentions/
finder.com. (2022). Intended maximum budget of first-time home buyers in Australia in 2022. Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1356991/australia-first-time-home-buyers-maximum-budget-intentions/
finder.com. "Intended Maximum Budget of First-time Home Buyers in Australia in 2022." Statista, Statista Inc., 1 Aug 2022, https://www.statista.com/statistics/1356991/australia-first-time-home-buyers-maximum-budget-intentions/
finder.com, Intended maximum budget of first-time home buyers in Australia in 2022 Statista, https://www.statista.com/statistics/1356991/australia-first-time-home-buyers-maximum-budget-intentions/ (last visited January 03, 2025)
Intended maximum budget of first-time home buyers in Australia in 2022 [Graph], finder.com, August 1, 2022. [Online]. Available: https://www.statista.com/statistics/1356991/australia-first-time-home-buyers-maximum-budget-intentions/