How a 20-Year-Old Couple Bought Their First Home in Sydney’s Booming Suburb
A 20-year-old Australian couple has just bought their first home in Sydney’s Mount Druitt. The purchase comes as property prices in the area have soared over the past five years. Their story highlights the challenges and opportunities facing young buyers in a competitive stock market today.
The young pair secured a two-bedroom unit in Mount Druitt for $465,000. A local real estate agent called them the youngest buyers they had ever seen. Meanwhile, the suburb’s median unit price has jumped from $360,000 to $455,000 in recent years.
The couple’s purchase reflects a broader trend of rising prices across Australia. Government schemes and high demand continue to push up costs for entry-level buyers. Yet despite the challenges, some young people are still finding ways into the property stock market today.
