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Women Buyers Hit The Market

Women Buyers Hit The MarketThe number of women buying property on their own, is on the increase according to CoreLogic’s third annual Women & Property report.

It says 26.8% of Australian property is solely owned by women, up from 26.2% a year ago, although the number of properties owned solely by men still remains higher at 29.9%.

The report found more women than men solely own apartments, with 35.7% of apartments owned by women compared with 34.6% owned solely by men.

Women only buyers appear to prefer inner city locations. In Sydney the Eastern Suburbs has the highest percentage of female-owned property at 37.3%.

The inner-Melbourne market has the highest percentage in Victoria of 34%, while in Brisbane women are sole owners in 30.5% of properties in the inner city.

In regional New South Wales,  Newcastle-Lake Macquarie has the highest percentage of female only owners, 33%, while in regional Victoria, it is Ballarat, 28% and in regional Queensland it is  Toowoomba, 26.6%.


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