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Australia's most popular suburbs for first-home buyers

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The First-Home Buyer Report from PropTrack and the CBA has revealed it now takes almost six years for an average household to save a 20 per cent typical home deposit, and that if it weren’t for Melbourne first-home buyers around the country would be able to afford fewer than one in seven homes listed for sale.

The Victorian capital accounts for seven of the top 10 most searched first-home buyer areas around the country, with the Brunswick-Coburg area, as well as Preston and Reservoir filling out the top three.

The only other parts of the country to make the list were Canberra’s Gungahlin and Molonglo regions, ranked fifth and seventh respectively, and the north west of Hobart in Tasmania — ranked 10th.



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