A heated debate over housing in Australia might finally be settled. But many Boomers still aren't ready to let it go.
Over 54,000 Australians took part in The Great Aussie Debate, a national survey by news.com.au. One of the biggest questions asked: who really had it harder when buying their first home?
The survey revealed that 66% of Australians believe Boomers did not face the same challenges when buying their first homes. Millennials and Gen Z overwhelmingly agreed that past generations had it easier.
In 1994, the national median house price was around $130,000. In 2025, that figure has jumped to over $850,000. While wages have increased from $27,000 to just under $100,000, property prices have grown much faster.
A Smarter Way to Buy Off the Plan
Melbourne renter Chantel Billy, 27, says she still plans to buy her first home, but it will not look like the one she imagined as a child.
"I thought I'd have a four-bedroom home with a backyard," she said. "Now, I'm thinking maybe a townhouse or a unit, far from the city."
She is saving for a deposit with her partner but says the goal feels almost impossible for single buyers. High rents and no option to live with parents make it harder to save.
Own Sooner Without a Huge Deposit
Property expert Julian Fadini says we need to stop blaming each other and start focusing on real solutions.
"Yes, Boomers had it easier," he said. "But the issue is supply. We need more housing options, especially for first-time buyers."
While some older Australians still argue young people should make more sacrifices, today’s buyers say they already are, often without support.
Break Into the Market Without Breaking the Bank
Coposit helps Australians buy off the plan properties with just $10,000 upfront. The rest is paid in weekly instalments during construction, with no interest.
You do not need to take on a massive loan or delay homeownership for years. With Coposit, you can secure your future home sooner and pay as you go.
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