Location of Home Purchased
Q. Thinking about when you bought your home – which of the following best describes the location of the home you bought? (This question has been commissioned by Network Ten)
| Bought last home | |||||
| Total
Home Owners |
Less than 5 years ago | 5-9
years ago |
10-19 years ago | 20 or more years ago | |
| It was in the area I wanted | 63% | 53% | 66% | 64% | 71% |
| It was close to the area I wanted | 21% | 28% | 23% | 19% | 13% |
| It was not close to the area I wanted | 6% | 9% | 4% | 7% | 5% |
| I had no preferred area | 10% | 10% | 7% | 10% | 12% |
63% of those who own a home bought their current home in the area they wanted and 21% bought close to the area they wanted. Those who bought more recently were less likely to have bought in the area they wanted – 53% of those who bought in the last 5 years compared to 71% of those who bought 20 or more years ago. However, only 9% of those buying in the last 5 years said they bought in a location not close to the area they wanted.
Importance of Buying a Home
Q. How important do you think it is for people to own their own home these days?
| Total | Vote Labor | Vote Lib/Nat | Vote Greens | Men | Women | Age
18-34 |
Aged
35-54 |
Aged 55+ | Own home | Rent home | |
| Total essential/very important | 54% | 57% | 60% | 40% | 54% | 56% | 55% | 54% | 55% | 61% | 39% |
| Essential | 20% | 21% | 21% | 15% | 24% | 17% | 25% | 19% | 16% | 21% | 17% |
| Very important | 34% | 36% | 39% | 25% | 30% | 39% | 30% | 35% | 39% | 40% | 22% |
| Quite important | 29% | 26% | 26% | 45% | 29% | 29% | 30% | 27% | 31% | 28% | 30% |
| Not so important | 13% | 13% | 13% | 13% | 14% | 13% | 11% | 15% | 12% | 9% | 23% |
| Not at all important | 1% | 1% | * | 2% | 2% | 1% | 1% | 2% | * | * | 3% |
| Don’t know | 2% | 3% | 1% | 2% | 2% | 2% | 3% | 2% | 2% | 1% | 3% |
54% think that owning your own home is essential or very important. 60% of Liberal/National voters think it is essential/very important while only 40% of Greens voters agree. Views are similar across age groups – although those aged under 35 are a little more likely to think it is essential.
Of those currently renting, only 39% think that owning your own home is essential or very important and 26% think it is not so important or not at all important.
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