The average age of first home buyers in Australia has increased steadily over the past three decades, rising from the mid-twenties in the 1990s to the mid-thirties today. This shift reflects the growing challenge of saving a sufficient deposit as property prices have outpaced wage growth in most Australian capital cities.
According to the Australian Bureau of Statistics Housing Finance Lending Indicators, first home buyer activity is tracked monthly across all states and territories. Queensland, Western Australia and South Australia have seen strong first home buyer activity in recent years.
Government incentives including the First Home Owner Grant, First Home Guarantee scheme, and stamp duty concessions vary by state and have influenced the timing of first home purchases.
Data sourced from Australian Bureau of Statistics Housing Finance Lending Indicators. Updated quarterly.