Posted: 19 October, 2016

Here's How Long It Will Take You To Save A House Deposit In Melbourne

If you feel like you're gonna be saving forever if you want a house deposit - you're probably right.


The Guardian has put together a nifty calculator to help Melburnians figure out how much they should be saving, and how long it will take, to afford a house. 

For example - if you save $100 a week - then it'll only take you 20.5 years to save for the median house deposit.

That's assuming of course that house prices stay constant and you can actually afford to save $100 a week. 

Run your figures through the calculator and let us know what you get on social!

To Read Next