First time buyer deposit

Average FTB deposit soars in the last five years

Average FTB deposit cost soars in the last five years

Stipendium, the platform that simplifies life’s complex events such as home moving, has revealed that the average cost of a mortgage deposit on a first home has climbed by 54% in the last decade, pushing homeownership further out of reach for the nation’s first-time buyers.

Stipendium analysed the current cost facing...