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.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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