Readers Respond: How much did you pay for your first home?
House prices have never been this high and it’s insane to see the cost of living continue to soar.
The government has promised to help with the cost of living and to help first home buyers to enter the property market, but not much has been done in regards to the cost of houses.
Despite this, OverSixty warily asked their audience about how much they paid for their first home.
Your responses were so shocking it immediately made the millennials in the office burst into tears.
Read below to see how much some of you paid for your homes.
Cheryl Martin - $38,000 and still here.
Maria Michailidis - $14,000 in 1972 for a run down place in inner western suburb of Sydney. Sold for twice the amount five years later. Now worth well over $1 million.
Glenda Porter - $14,500 and that was a new house.
Leonie Stockdale - We built it ourselves so was a lot cheaper and hard work about $60,000 in 1970.
Kris Flynn - For our first home we paid $12,500 and it came with the furniture!! Then six years later we sold it for $30,500.
Annette McDonnell - $7,000 back in 1971 in Auckland. Was a 2 bedroom bungalow.
Suzanne Stovel - $185,000 in 1993.
Christine Whyte - $48,000 way back in 1974.
Sandra Thomas - $15,000 back in 1971.
Diane McIlvena - $28,000 back in 1974
Dianne Robinson - first house Sydney $13,500 in 1970. The second house was in rural NSW 1975 for $2,000.
Andrea Barwick - $9,600 in Lenah Valley, Tasmania.
If you would like to share the cost of your new home, click here.
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