In 2022, the leading financial concern among almost half of surveyed first home buyers in Australia was overpaying for a property. Being unable to keep up with mortgage repayments, as well as not being able to afford a property in their dream location, were also top finance-related worries among participants.
Leading financial concerns around purchasing a property among first-time home buyers in Australia in 2022
sample includes 372 participants who purchased their first home in the previous 12 months and 629 participants who intended to purchase a home in the next 12 months
Supplementary notes
Original survey question: What are/were your top financial fears about buying a property?
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finder.com. (August 18, 2022). Leading financial concerns around purchasing a property among first-time home buyers in Australia in 2022 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1357874/australia-leading-financial-concerns-among-first-time-home-buyers/
finder.com. "Leading financial concerns around purchasing a property among first-time home buyers in Australia in 2022 ." Chart. August 18, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1357874/australia-leading-financial-concerns-among-first-time-home-buyers/
finder.com. (2022). Leading financial concerns around purchasing a property among first-time home buyers in Australia in 2022 . Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1357874/australia-leading-financial-concerns-among-first-time-home-buyers/
finder.com. "Leading Financial Concerns around Purchasing a Property among First-time Home Buyers in Australia in 2022 ." Statista, Statista Inc., 18 Aug 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1357874/australia-leading-financial-concerns-among-first-time-home-buyers/
finder.com, Leading financial concerns around purchasing a property among first-time home buyers in Australia in 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1357874/australia-leading-financial-concerns-among-first-time-home-buyers/ (last visited November 13, 2024)
Leading financial concerns around purchasing a property among first-time home buyers in Australia in 2022 [Graph], finder.com, August 18, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1357874/australia-leading-financial-concerns-among-first-time-home-buyers/