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AAP
AAP
Politics
Steven Deare

EXPLAINED: Couples taking 8 years to buy first home - The Real Truth

Domain
Australian couples are taking up to eight years to buy their first home, a Domain study found. (AAP)

Australian couples buying their first home are taking up to eight years to save for a deposit as rising property prices and low wage growth make saving a struggle.

The time taken for young couples to gather a house deposit has increased by 11 months on last year as living costs increase and interest rates stay low, the Domain First Home Buyer Report found.

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