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Canberra Times in Canberra, Australian Capital Territory

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Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jul 07, 1959

Page

2

Rising Home Ownership in Australia and Territories

The 1947 census showed 53 per cent of occupied private dwellings owned or being purchased, rising to 67 per cent by 1954. In the ACT ownership grew from 12 to 19 per cent between 1947 and 1954, aided by government sales and land leases. Strong demand, private building, and homes built under government schemes have driven ownership across Australia, with building societies and the 1956 Housing Agreement boosting access and deposits for young buyers.

A.C.T Territory Percen Department of Interior Commonwealth Bank Private Trading and Savings Banks Life Assurance Companies Australia Commonwealth South Australia New South Wales Victoria Queensland Northern Territory Perm

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