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Here’s how the great Australian Dream has evolved over time [Infographic]

The ‘Great Australian Dream’ is a turn of phrase that gets bandied around a lot.

But what is the ‘Great Australian Dream’, and does it differ for different people? house property

In a bid to answer these questions, Mortgage Choice surveyed more than 1,000 Australians, investigating their thoughts and opinions on home ownership and whether or not it remains the ‘Great Australian Dream’.

Overall, it would appear the ‘Great Australian Dream’ of property ownership is still alive and well.

Australians continue to put property ownership ahead of other dreams and goals, including career success, business growth and luxurious travel.

But while property ownership remains the number one ‘Dream’, most people believe this dream is becoming increasingly difficult to achieve.

And that ‘Dream’ is evolving as the infographic below illustrates:

The Great Australian Dream Infographic v1.5 (1) (1).jpg

Read more: Mortgage Choice

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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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