Millennials are the most active generation when it comes to buying investment properties, according to fresh bank data, as the dream of home ownership comes later in life for some.
New Commonwealth Bank data on Wednesday revealed nearly 50 per cent of the bank’s new property investors in 2023 were made up of Millennials (born 1981 to 1996), followed by Gen X (born 1965 to 1980) who accounted for 37 per cent of all new investment property purchases.