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In celebration of International Women’s Day this month, it was an idea to have a focus on women building wealth through property.
Based on a poll conducted by CoreLogic, the survey found that only 11.4 per cent of women surveyed owned an investment property, compared with 14.2 per cent of men polled.
The main obstacle highlighted from the survey for women to own an investment property was income.
“Women generally will spend less time in the labour force on average, they’ll earn less on average, and they will live longer than men, but they have a deficit in investments that can help to grow their wealth,” said Eliza Owen, CoreLogic’s head of research.
Women will spend less time in the labour force on average, they’ll earn less on average, and they will live longer than men, but they have a deficit in investments that can help to grow their wealth.
The poll also found that 86 per cent of women earning above $100,000 owned a property. That portion dropped to just 59 per cent for those earning under $100,000.
This suggests that income is more of an influence than gender when it comes to whether you can achieve ownership of residential property,” Owen said.
Note: Content for this article has been sourced from the “Financial Review” article - How these women are building wealth through property, published on Feb 27, 2025.
Phone 03 5977 5111
6D Eramosa Road East, Somerville, Victoria (See Map)
chris@walshconveyancing.com.au