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How long does it take to save up for a mortgage?

Poll - Total Votes: 9
3-5 months
3-5 years
Depends on what you want and what you do
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I have been living at home for a week. I gotta get my own place!
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scorpiolovedeep · 46-50, M
In Australia :


Sydney - Let’s say avg home is $1.2 Million

20% deposit preferred.
That’s 240K AUD (approx 161K USD)

Now it is upto you how you many years you need to save that money (single / partner / parents chip in )


Then you will work until retirement to pay off the remaining mortgage.

Wages to house prices are ridiculous.