Homes with a mortgage double in 25 years

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Just under a third of Australia's 9.8 million homes are owned outright, while more than a third are owned with a mortgage, the latest census has found. 7NEWS

Just under a third of Australia's 9.8 million homes are owned outright, while more than a third are owned with a mortgage, the 2021 census has found.

"Over the last 25 years the number of homes owned outright has increased by 10 per cent, while the number owned with a mortgage has doubled." However, Better Renting executive director Joel Dignam said there was a concerning decrease of more than 25,000 in public housing.

 

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And how many who own their homes outright have got mortgages on other properties?

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