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clip_image002Recent research indicates that more women are testing the waters of the property market on their own. Data released by RAMS Home Loans shows that more Australian women have decided to buy property by themselves in 2010 than in preceding years. The numbers have increased to almost half of the sole applications for home lending filed last year. The split has previously been around 70/30, with men making up the 70%.

It seems that a greater number of Australian women now feel more comfortable and knowledgeable about the entire property buying process. Perhaps it’s a combination of more education, cash and confidence that has helped shift the balance of property buyers. A higher number of marital and relationship breakdowns could also play a part in boosting loan numbers for females, however, the data does not specify if the sole female applicants are in fact single or not.

It appears that women are not just purchasing property to live it either. Many industry experts agree that a rapidly growing number of females are purchasing properties as investments and planning for a financially secure future.

Whilst this latest data suggest a new trend is emerging, it’s already widely recognised that women, as part of a family or couple, are often the main decision maker when it comes to purchasing property.

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