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First home buyers face an impossible housing market

September 26, 2024 - 07:00 -- Admin

Analysis by Money.com.au shows that first home buyers need to save nearly double the deposit to purchase an average Australia compared to 12 years ago: “Since the ABS began measuring dwelling values in Australia, the average property price has surged by 99% — from $489,900 in 2012 to $973,300 in 2024”, notes Money.com.au. “Back in

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