Shared house ownership, a viable option

A National Research commissioned by Kohab, a digital platform for house co-sharing, in February 2018 of over 1,700 Australians, found that of those who currently don't own property, the challenge of saving enough for a deposit and being unable to afford a property in their preferred location were cited as the main reasons for being unable to accomplish that life goal. Image: A property for sale (AAP)

For sale sign at Tempe south of Sydney, Tuesday, June 5, 2012. (AAP Image/Tracey Nearmy) NO ARCHIVING Source: AAP

Interestingly, the research also found that 27% of respondents would consider buying a property with someone else, whilst a further 9% would consider co-ownership if they were equipped with more information. Consideration of co-ownership was even higher in the key cities.