Why property ownership is still the great Australian dream: Commonwealth Bank

PHOTO: The Commonwealth Bank of Australia (CBA) survey shows that owning a home is still the great Australian dream. Source: AAP

With Australian bricks and mortar among the world’s most expensive, some may question whether it’s still the great Australian dream to get into the property market. Now, a major survey reveals the truth.

Although Australian bricks and mortar is among the world’s most expensive, Aussies are not prepared to let go of the “great Australian dream” according to a recent major bank survey.

And there is no time like the present to kickstart that dream.

“Interest rates are currently sitting at historical lows and, in many parts of the country, property prices have come off their peak, representing a good opportunity for home buyers to start shopping for a property,” said Commonwealth Bank executive general manager of home buying Dan Huggins.

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