Could
investing more and partying less be the new trend amongst Western
Australia’s new set of twenty-somethings? Statistics from Mortgage
Choice show the number of homeowners 30 and below has increased 60
per cent since 2008, with almost 50 per cent of the WA’s
first-homebuyers now aged 30 or under. The data also showed one out
of five homebuyers was 25 years old or younger.
Experts
say that a new trend is brewing within “Generation Z”, or young
people living with their parents, which is to save up and skip the
rental phase to buy a home straight away.
