Australia First home buyers bigger share of market

A greater proportion of Australians buying homes are doing so for the first time, according to the federal treasury.

First home buyers Source: SBS

Australians buying their first home are making up a bigger share of all people purchasing properties throughout the nation.

Treasury has revealed the trend - which comes as house prices continue to fall - at a Senate estimates hearing in Canberra.

"The share of first homebuyers in the market has been increasing," the department's Angelia Grant said on Friday.

"I don't have the exact numbers, but it is over the last little while ... it's a fairly significant increase."

House prices fell by 4.8 per cent nationally in 2018, according to CoreLogic data, and are expected to continue declining this year.