• Youngsters aren’t the only ones struggling to gain a foothold in the housing market.

As the average age of first home ownership in Australia rises – to 37.7 nationally, according to research from ING Direct last year, compared with 34.7 years in 2005 – agents are reporting seeing more rookie buyers in their 40s and 50s.

READ MORE VIA DOMAIN.COM.AU

adsense

garry-blizzard

At 46, Garry Blizzard is older than many first-home buyers, spurred on to buy after having a child 17 months ago.Photo: Edwina Pickles