First-home buyers ‘falling away’ as 10 per cent deposits dwindle

• Stamp duty adding ‘years’ to the deposit-saving plans of Sydney’s home buyers
• First-home buyers left relying on home building causing price drops: NSW Budget
• Eight years to save deposit for first home in Sydney

Australians are forking out bigger deposits to get into the housing market – and not just because of prices going up.

READ MORE DOMAIN.COM.AU

Saving for a deposit is one of the challenges facing first-home buyers looking to enter the Australian property market. Photo: Pogonici