Yes but my point was it used to be achievable, now not. Other examples would be a single 28 year old used to be able to buy a flat next to an Eastern suburbs beach in Sydney without too much trouble (I did this). Now not so easy.
How long ago?
Plus, we need to qualify your statement.
What was your income, where were you living prior to this purchase while saving the deposit, was there a FHOG involved, and so on.
For all we know; you may have been living at home with Mum and Dad, no car or CC, earning $100+k per year in IT, saving every cent.
These sorts of things are very important in this debate.
My best friend bought his first property in
Hawthorn....he was about that age. It was a two-storey townhouse, he was working as a consultant as a computer analyst.
And, guess what; he was exactly the above - except he had a car and a CC and a phone.
Now; I seriously doubt that 90% of the FHB's of that era would have been able to afford that property.
There are plenty of FHB's like him out there who can do this even now; but they are not the normal FHB by a long margin, so we can't use those types of FHB's as an example of an average.