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Average number of years needed to save for a home deposit Australia 2023, by state

Published by Statista Research Department, Feb 6, 2024
As of June 2023, the average number of years needed to save for a deposit for a house in New South Wales, Australia was 20 years. In comparison, the average number of years needed to save for a unit deposit in New South Wales was 14 years.

Average number of years needed to save for a house or unit deposit in Australia as of June 2023, by state or territory

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Release date

August 2023

Region

Australia

Survey time period

as of June 2023

Special properties

based on 80% LVR

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