Gen Z Still Buying Property in NSW

Exclusive research from PropTech company InfoTrack reveals New South Wales first-time buyers in their 20s are still getting into the market even when faced with a housing boom.

New research conducted by InfoTrack, innovators in legal and conveyancing technology, shows that although annual home prices across New South Wales have increased at record speeds, savvy young purchasers are still managing to get into homeownership.

The latest first home buyer data collected by InfoTrack shows that 38.4 per cent of first home buyers who bought property over the last two months in New South Wales were aged between 18 and 29 years. During the same timeframe, 41.5 per cent of first home buyers in the state were 30 to 39 year olds while 14.32 per cent were 40 to 49 year olds.

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