Great news for Aussie women! A new CoreLogic report reveals a promising trend: Nearly 𝟳 𝗶𝗻 𝟭𝟬 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝘄𝗼𝗺𝗲𝗻 (68.2%) now own at least one property.

This figure surpasses the national average and even edges out homeownership rates among men (67.4%).

➡️ The report also reveals that women typically take longer to purchase their first home, often co-own properties, and carry more housing debt on average. However, as women age, this gap gradually narrows, indicating a significant shift towards gender parity in property ownership.

Melbourne, in particular, has seen a surge in female property ownership, driven by factors such as affordability, economic improvements, and government incentives and grants.

➡️ One of the most encouraging aspects of this trend is the high importance women place on homeownership. Property investment serves as a powerful tool for building wealth and achieving financial security in the long run. It not only empowers women to cultivate independence but also allows them to establish financial security.

TEAM SONI CAN HELP

At SONI Wealth, we've assisted many first-time buyers through navigating government programs, discovering promising locations, and making informed decisions about Rentvesting and co-buying.

Book you no-obligation consultation with our team today. Let us clarify your questions and help you start your home buying journey with confidence.