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Most first home buyers are women – how has that changed the property market? - Startup logo and branding

Women are forever changing what the real estate industry understood about the profile of first home buyers.

Founded year: 2000
Country: Australia
Funding rounds: Not set
Total funding amount: Not set

Description

In 2022, more women than men are first home buyers. It marks a radical shift from just a little more than 30 years ago when Australian women needed a male guarantor to have their own mortgage. These changes could be explained by a changing Australia where societal progression is being made in relation to gender equality. Property is one way to gain equality in Australia, providing owners with short and long-term returns both financially and individually.

Financial advisor and first home buyer, Martina Taylor, bought her first property in Sydney. When we asked Taylor what motivated her investment, she explained: “I entered the property market on my own. It became important for me to achieve the security as well as independence that owning your own home brings.”

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