Here’s what the average Aussie homebuyer looks like

There are many influencing factors for investing in a property, from the type of profession or wage level to the far more obscure details. Do you fit the mold?

Using recent data of more than 5500 home loan applications, Aussie Home Loans was able to compile a list of which types of workers were buying property, which states were the most popular for home loan applicants, what methods of research were used, and even what the top 10 names for Aussies more likely to take out a home loan.

Also read: 5 reasons Aussies are paying too much for their mortgage

Michael and Michelle took the top spots as the names which came up most frequently, followed by Peter and Karen.

The average age for a home loan investor was 42.7 years, opting for property hot spots amongst the East Coast states.

Victoria was the highest contender for property buying, taking 35% of the surveyed house hunter market, followed by New South Wales at 27.5% and Queensland at 19.19%.

Those who were more likely to take out a home loan were working professionals (18.13%), followed by managers (16.13%) and associate professionals (15.10%).

Between 2-10% of home loan applicants were made up of tradies, home duties employees, production and transport workers, service workers, and laborers.

House hunters were shown to be relying on less-mobile forms of technology, such as desktops, to conduct their property search, with 74.7% of home loan applicants using a PC to conduct their house hunting, followed by an Apple Mac at 9.7%.