Gen Z women are at the bottom of the property ladder for a variety of reasons highlighted in recent research. In Australia, CoreLogic’s 2024 Women & Property report reveals significant gender differences in home ownership, particularly among Gen Z individuals. There are several main reasons for this inequality.
Gender differences in homeownership rates have been a focus of recent research, shedding light on the challenges faced by different demographics in the property market. The latest findings from CoreLogic’s 2024 Women & Property report reveal interesting insights into gendered housing in Australia. Importantly, the report reveals that all women exhibit a slightly higher proportion of households with 68.2% as compared to men, with 67.4%.
Furthermore, the data highlights a significant difference between gender differences among Gen Z individuals emphasise, with more than half (51.6%) of Gen Z men owning a room or a residence, in contrast In addition to just over a quarter (27.3%) of female counterparts, the survey revealed differences expressed in residential property ownership, with 14.1% of men owning at least one property, compared with 12.5% of women emphasis in different layers, which has led to a closer examination of the factors influencing these factors and their implications for gender equality in the property market.

Income Differences
Gen Z women have lower average incomes compared to men, making it harder for them to afford homeownership. Gen Z women earn an average of $67,800 a year, while men earn $83,500 before taxes.
Relationship Dynamics
Women tend to own residential properties jointly with others, while men alone have higher assets. These differences in ownership patterns affect women’s free access to the property market.
Age Discrepancies
Dwelling ownership availability increases exponentially with age. While millennials, Gen X and other older generations show the smallest gender gap in asset ownership, Gen Z women face the largest gap in asset ownership compared to older men of the same age.
Educational and Cultural Resources
Differences in asset ownership are also associated with cultural and educational practices that can influence financial literacy and investment decisions. Males have higher ownership rates of residential investment properties, reflecting differences in economic perceptions acquired through education.
Long Term Implications
Basic gender inequalities in property ownership can have lasting effects, affecting women’s economic security and wealth accumulation over time. Men who own assets at a young age benefit from increased capital in their assets over time.
Implications
Gender Norms and Occupation
Cultural norms can significantly influence women’s participation in the workforce, and social expectations often influence their decisions.
Legal frameworks and institutional barriers can lead to differences in business ownership levels between men and women, highlighting the importance of gender-sensitive policies.
Corruption and Gender Dynamics

Gender dynamics play an important role in the response to corruption, with social power structures influencing women’s risk-taking behaviour.
To understand this dynamic, it is important to formulate effective anti-corruption strategies that consider gender responses to corrupt practices.
Women’s Land Tenure Experiences
A complex interplay of factors such as economic status, marital status, educational level and inheritance laws works in which women acquire land rights.
Inadequate land security for women can have significant impacts on their economic empowerment, livelihoods and overall well-being.
Policy Recommendations
Promoting Gender Equality in the Workplace
The comprehensive programs implemented focused on increasing financial literacy among youth to empower them as future business owners.
Develop policies that address systemic barriers and promote equal opportunities for women in the workforce, including funding and mentoring programs.
Addressing Corruption and Gender
Develop gender-sensitive anti-corruption response strategies, ensuring that interventions are tailored to address the unique challenges faced by women.
Promote transparency, accountability and inclusion in anti-corruption efforts by engaging different stakeholders and taking gender into account in policy making.
Promoting Land Rights and Security for Women
Establish a legal framework to protect women’s land rights and ensure equal access to land and tenure-related security.
Implemented policies to provide legal awareness and support services to help women navigate complex land policy and to better establish their rights.
Intersectional Analysis of Construction Opportunities
Conduct research to understand the diversity of women’s experiences in accessing fair housing, taking into account factors such as race, ethnicity, class, and disability.
Recommend inclusive housing policies that address the specific needs of marginalised groups of women, and ensure that housing rights are respected for all individuals regardless of their background.
Importance of Residential Real Estate
- Women rated home ownership as more important (75.4% rated property as more important compared to 0% for men).
- Overall, Australians ranked financial security (45.5%) and social stability (44.8%) as the two most popular motivations for buying.
Ownership by Property Type
- Women-owned 69.2% of the households, while men-owned 64.0% of the properties, while men owned a larger proportion of the units (22.6%, compared with 18.3% for women).
- This may be associated with a higher proportion of investments by men, as most investment purchases are in units.
Gender Dynamics in Gen Z (age 18-29)
- Gen Z men own households with a significantly higher proportion (51.6%) than their female counterparts (27.3%). This is despite the fact that Gen Z women place more importance on homeownership (51.0%) than Gen Z men (43.2%).
- For non-property owners, affordability barriers were viewed as the biggest barrier to young people entering the property market (61.4%), while the most common reason for Gen Z men is that they are not yet ready or will not be required to buy (44.3%).
- Gen Z women overall had lower incomes ($67,823, versus $83,468 for men), and higher rates of part-time and part-time employment (32.9%, versus 12.9% of men).
Conclusion
In conclusion, addressing this gender gap in the property market requires a multi-pronged approach. Policies that encourage financial literacy, equal employment opportunities, and strategies to combat gender-based corruption are needed. Implementing inclusive housing policies to ensure women’s land rights are protected could empower women in the property market. By focusing on these areas and bridging the gender gap in property ownership, societies can create an equitable and accessible property market for all individuals.