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Best suburbs first-home buyers are targeting in NSW, VIC, QLD and SA
As a result these were the biggest first-home buyer suburbs of 2020, with market interest in these areas only expected to strengthen. Features luring first-home buyers included suburbs abundant in new housing estates and unit projects, where the bulk of homes were priced under $1 million. As expected, this meant first-home buyer activity was most popular in suburbs with a median house or unit price under $750,000. QUEENSLANDA range of factors - from a reduction in investor activity to declining home prices - have seen more young buyers enter the property market. Government support also saw young buyers consider houses over units.
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