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First-home buyers increasingly turning to bank of mum and dad, to keep pace with rapid price gains

First-home buyers are increasingly turning to the bank of mum and dad, with $100,000 cash gifts becoming the norm in some markets.

New south walesDulwich hillLuci ellisJason balloPeter raeDavid hymanKate burkeShane oliverJosh kiddLendi groupRich harveyReserve bankFirst home loan deposit schemeAussie home loansBelle property annandaleMorning edition

First-home buyers increasingly turning to bank of mum and dad, to keep pace with rapid price gains

First-home buyers are increasingly turning to the bank of mum and dad, with $100,000 cash gifts becoming the norm in some markets.

New south walesDulwich hillLuci ellisJason balloPeter raeDavid hymanKate burkeShane oliverJosh kiddLendi groupRich harveyReserve bankFirst home loan deposit schemeAussie home loansBelle property annandaleMorning edition

First-home buyers increasingly turning to bank of mum and dad, to keep pace with rapid price gains

First-home buyers are increasingly turning to the bank of mum and dad, with $100,000 cash gifts becoming the norm in some markets.

New south walesDulwich hillLuci ellisJason balloPeter raeDavid hymanKate burkeShane oliverJosh kiddLendi groupRich harveyReserve bankFirst home loan deposit schemeAussie home loansBelle property annandaleMorning edition

Australian property: One in four Australian homes now worth more than $1 million

In Sydney 52 per cent of houses and apartments have a $1 million plus valuation. In Melbourne, more than a third of homeowners can make this claim.

Western australiaNew south walesSouth australiaAustralian capital territoryEliza owenFelicity emmettJennifer dukeJason falinskiPhilip loweAdam bandtAustralian bureau of statisticsParliament houseRich harveyAustralian bureauReserve bankAdelaide timbrell

Australian property: One in four Australian homes now worth more than $1 million

In Sydney 52 per cent of houses and apartments have a $1 million plus valuation. In Melbourne, more than a third of homeowners can make this claim.

Western australiaNew south walesSouth australiaAustralian capital territoryEliza owenFelicity emmettJason falinskiPhilip loweAdam bandtAustralian bureau of statisticsRich harveyAustralian bureauReserve bankAdelaide timbrell

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