Queensland remains most conducive for First Home Buyers

First Home Owners nationally will need 4.1 years to save for a home deposit, according to the annual Bankwest First Time Buyer Deposit Report.

Among all capital cities, Queensland has been the most conducive for First Home Owners, where saving for a home deposit only takes 3.8 years, despite an increase in median house values in the past year by 5.8%. This was offset by an increase in wages by 19.1%, compared to house growth at 1.9%.

Read more about this on the Courier Mail website.