Sydney Property Market: A 37-Year-Old's Story Reveals the Harsh Reality for Young Australians

Sydney's Soaring Property Prices: A Young Australian's Struggle Sydney, Australia - June 9, 2025 - The Australian property market is increasingly challenging for young people to enter. A recent street interview highlighted the stark contrast between buying a property 15 years ago and the current situation. A 37-year-old Sydney resident, who wishes to remain anonymous, shared her experience. "I bought probably about 15 years ago, so it was a lot different to what it is now. Obviously, it's a lot more difficult now." She explained that while she and her husband were able to purchase a property with a 5% deposit 15 years ago, today's market demands significantly more. The rising cost of living, particularly groceries, also presents a challenge for young families. "I didn't have two kids then. I've got two kids now, so obviously, my expenses have changed." She emphasizes the need for younger generations to develop strong saving habits early to have a chance in today's market. The interview highlights the financial pressures faced by many Australians and underscores the need for more accessible homeownership options.