Where single women are buying property in Australia — and why their purchase power matters
Kanebridge News
Share Button

Where single women are buying property in Australia — and why their purchase power matters

Property buying patterns among single people are approaching gender parity, new data shows

By Bronwyn Allen
Fri, Apr 5, 2024 11:00amGrey Clock 2 min

More single Australian women are buying their own homes, with a report published by Ray White revealing 71,900 sales to this cohort in 2022, up from 64,680 sales in 2014. As a proportion of all single buyers, men have historically outnumbered women but the gap is closing with purchasing rates now closer to parity at about 12 percent of sales each.

Ray White chief economist Nerida Conisbee said rising home values meant the proportion of all single buyers was falling, from 26.2 percent of purchases in 2014 to 24.5 percent in 2022.

An interesting dynamic, however, is also occurring by gender,” Ms Conisbee said. A drop in single male purchasers is driving the decline whereas the number of single female buyers as a proportion of total buyers remains steady. By volume, the number of purchases by single women has risen by over 11 percent since 2014.

Ms Conisbee said increased education about the importance of home ownership in building wealth and government schemes such as the First Home Guarantee and State Government stamp duty waivers and concessions have driven more women to buy. McGrath CEO John McGrath said the trend in career women buying property on their own began about two decades ago.

When I started in real estate 40 years ago, it was very rare to conduct an auction and have a 28-year-old female on her own buy the property,” Mr McGrath said. “Nowadays when you put a well-located, beautifully designed apartment block on the market, the first 10 apartments will be sold to single career women.

Ms Conisbee said most single women preferred to buy affordable apartments in central city locations.

Overwhelmingly, the largest number of purchases are of units in areas where very large numbers of units are available. Topping the list nationally is Melbourne CBD where there has been 7,750 purchases of apartments by single females since 2014. The Gold Coast,however, has also made several appearances on the list with Surfers Paradise coming in second (3,386 purchases).”—

The data shows Victoria has the highest proportion of single female purchasers and NSW the lowest. Ms Conisbee said very high levels of development in Melbourne had given single women more opportunities to buy. Incidentally, greater supply in Melbourne is a key reason why median home values have not increased as much as other cities over the past year. CoreLogic data shows Melbourne home values have risen just 3.2 percent over the past 12 months compared to 9.6 percent in Sydney and 15.9 percent in Brisbane.

Single women seeking to buy a house also targeted more affordable city fringe and regional areas. The statistics was calculated using Valuer General data on more than five million sales from 2014 to 2022 and cross referencing first names using an artificial intelligence application called Genderize to deliver the largest research sample available documenting single female purchasing patterns.

Top 10 suburbs for single female purchases (apartments) 2014-2022

1. Melbourne CBD, Victoria
2. Surfers Paradise, Queensland
3. Southbank, Victoria
4. South Yarra, Victoria
5. Southport, Queensland
6. Docklands, Victoria
7. St Kilda, Victoria
8. South Brisbane, Queensland
9. Labrador, Queensland
10. Richmond, Victoria

Top 10 suburbs for single female purchases (houses) 2014-2022

1. Point Cook, Victoria
2. Pakenham, Victoria
3. Craigieburn, Victoria
4. Mildura, Victoria
5. Traralgon, Victoria
6. Berwick, Victoria
7. Warrnambool, Victoria
8. Shepparton, Victoria
9. Werribee, Victoria
10. Sunbury, Victoria



MOST POPULAR

For Central Element, the start of work at Pearl represents another step in the company’s growing eastern suburbs pipeline.

All three vehicles will form part of a broader charitable initiative benefiting Big Brothers Big Sisters of America, the American Red Cross and Starlight Children’s Foundation

Related Stories
Lifestyle
Academia Is in Trouble and This English Professor Understands Why
By 03/09/2026
Property of the Week
Kanebridge Property of The Week: Is this the Mornington Peninsula’s Best Estate?
By Ruba Jaajaa 03/09/2026
Lifestyle
IWC’s purple Formula 1 chronograph pays tribute to Singapore after dark
By Ruba Jaajaa 02/09/2026
Academia Is in Trouble and This English Professor Understands Why

Randy Boyagoda’s new novel, “Lords of Serendipity,” delivers a biting satire of cheating, politics and dysfunction across modern universities.

By
Thu, Sep 3, 2026 5 min

Administrative cowardice. Rampant cheating. The soaking and scamming of undergrads and grad students. Performative wokeism. Intensifying competition for international tuition dollars from an expansive China.

These are either the latest dire headlines about American higher ed or the myriad subplots of “Lords of Serendipity,” an ambitious new novel by Randy Boyagoda. Unlike most campus fiction, its scope extends well beyond the cloister of the liberal arts classroom to whammy the entire university system, from its financial model to its function within a globalized economy. Along the way, it skewers its lightning-rod targets with a precision too sharp to be considered entirely fictional.

That its author is not only well-versed in satire, having written four other novels in the genre, but is also a professor of English at the University of Toronto and an experienced college administrator, further blurs the lines between comic fiction and brutal fact. It’s the kind of no-holds-barred book only a consummate insider would know to write—but only one who is also conveniently outside the American university system could get away with writing.

“This is someone who’s got the inside dope on what can go on at universities, especially with international students, and what kind of con games are going on,” said Margaret Atwood, a friend and fellow Torontonian.

The novel, like Boyagoda himself, is often very funny—even as the dilemmas its characters face read as tragedy. Its cast includes the bickering members of a Sri Lankan hotel cleaner’s family, insecure American freshmen, dead-end third-tier college professors and their highflying Ivy League counterparts and dispirited university functionaries. An old-fashioned Dickensian tale, it sweeps across continents and campuses, from a classic liberal-arts college to a stand-in for Harvard University to an urban technical school to the dilapidated buildings of a state-run university in Sri Lanka.

“I’m a joyful person,” Boyagoda said in an interview, though he prefers to see his outlook on academia as “hopeful” rather than optimistic. He smiles and laughs frequently. He bikes everywhere. He derives energy from his students and from his four daughters, ages 14 to 20. They help him and his American wife, Anna, also an educator, care for Boyagoda’s father, an immigrant from Sri Lanka who has dementia and lives with the family.

Randy Boyagoda speaks at a panel discussion.
Randy Boyagoda taking part in a panel discussion at the University of Toronto in 2024. Polina Teif/University of Toronto

The germ of the novel came to Boyagoda during the pandemic, when he was serving as a vice-dean. An urban legend was circulating about a statistics grad student selling passing grades to international students. The cheating scheme itself may well have been apocryphal, but it felt tantalizingly plausible.

“As a novelist, it stayed with me,” Boyagoda said. “Who would sell grades for a stats course? Why would someone buy grades? What’s motivating them? Why wouldn’t the university be doing something about it?” What he didn’t want to do, he explained, was write “another novel about a creative writing professor and his drama with students.”

In addition to writing novels—the first of which was a finalist for Canada’s prestigious Giller Prize; he’s written eight books in total—Boyagoda teaches literature full-time. For his students next semester, kids raised in a purportedly “post-literature era,” he’s assigning three 700-page novels, he noted mischievously, books by George Eliot, Ralph Ellison and Kiran Desai.

On RateMyProfessors, students remark on Boyagoda’s heavy assignments, tough grading and distaste for cellphones, but also hail his “comedy.” When alerted to these reviews, Boyagoda laughed. “Guilty as charged,” he said.

“Randy’s one of those people in academia who is very well educated but doesn’t have an ounce of superiority about him,” said John Irving, who frequently guest lectures in Boyagoda’s classroom. “It’s amazing to see how willing students are to talk in his classrooms, how little afraid they feel of being mocked or put down—he gets complete candor out of them.”

Negotiating competing interests seems to come naturally to him. Like many college campuses, after the Oct. 7 Hamas attack on Israel, the University of Toronto was embroiled in protests, encampments and discord; part of the school’s response was to convene a working group on civil discourse. Boyagoda was put in charge, serving for two years. It’s the kind of thankless task many professors would flee from, but Boyagoda relished the prospect and thinks the group, which is ongoing, made progress.

He has since pivoted to another formidable academic concern: the waning prestige of the humanities. In July, Boyagoda became the director of the Jackman Humanities Institute and special advisor on the humanities to the dean of arts and science. This fall, he is starting a series of gatherings he calls the Dead Book Club. (Dead writers feature heavily among his favorites: St. Augustine, Dante, William Faulkner, Evelyn Waugh, Saul Bellow.)

“The goal is to encourage students to read for its own sake and have conversation for its own sake,” Boyagoda said. “The importance of the humanities will be revealed to those who participate.”

Illustration of the book cover for "Lords of Serendipity" by Randy Boyagoda, depicting a woman wearing a hat with various buildings on top, against a blue background with a white airplane.

“Lords of Serendipity,” which publishes next week, reflects Boyagoda’s commitment to the pursuit of knowledge: “I’m supposed to say I learn more from my students than they do from me, but no,” Boyagoda said. “I enjoy sharing my excitement and joy about literature and ideas. There are these moments when you are teaching and you can see someone’s face change because they didn’t know something and then they did. That moment when you’re actually watch someone enlarge themselves is deeply satisfying.”

In literary circles, Boyagoda is often referred to as a Catholic novelist, a description he embraces. “A novelist willing to give shape and voice to contemporary religious experience is needed,” Boyagoda said. “I understand myself as a Catholic novelist, provided that I’m not only a Catholic novelist, I’m also a South Asian novelist and I’m a Canadian novelist. I don’t want to be captive to one label.”

His characters, he said, are subjected to what he calls “Graham Greene character situations.”

“They are trying to do good in a fallen world and realize the most they can do is less harm than someone else would do in that same role,” he explained. “They have to accept they are complicit in something that provides some good thing to others. It’s a very Graham Greene way of thinking about sacrifice.”

The campus green they inhabit is a febrile zone in which lofty ideals and cynicism regularly collide. It’s a place where a traditional holiday college celebration is now an occasion for political protest. Kids freely police one another inside and out of the classroom with social media their constant, ready weapon of choice. International students, knowing their family’s financial futures hinge on their degrees, operate in terror of failure and deportation.

Early readers of the book include Gary Shteyngart and Junot Diaz, both of whom have taught at universities and written comic novels. They each contacted Boyagoda midway through to say, in essence, “You nailed it.”

As biting as “Lords of Serendipity” can be, Boyagoda’s faith in higher education remains undaunted.

“It’s absurd that we live in societies that make the decision to take people between the ages of 18 and 22, when they are most physically capable of contributing to our nations and communities, and tell them, ‘Go away for four years, and read and learn and have conversations,’” he said. “I want students to be aware of what an incredible privilege that is.”

Corrections & Amplifications
Randy Boyagoda is a special advisor on the humanities to the dean of arts and science at the University of Toronto. An earlier version of this article incorrectly said he is a special adviser to the dean of humanities. (Corrected on Sept. 2)

MOST POPULAR

The 1860s Darlinghurst mansion Stoneleigh could become Sydney’s most expensive home ever sold under the hammer when it goes to auction. Clint Ballard is giving buyers a $28 million guide for the heritage-listed mansion on Darley Street, opposite Iona, the former home of Hollywood royalty Baz Luhrmann. Stoneleigh is being offered for sale for the …

A thoughtful timber-led renovation in Byron Bay has reimagined an existing house as a warm, resort-style family sanctuary grounded in natural materials.

Related Stories
Lifestyle
LOW-FOOTPRINT LUXURY REDEFINES SOUTHERN AFRICA’S SAFARI EXPERIENCE
By Jeni O'Dowd 20/02/2026
Property
Brighton beachfront project sets new Victorian off-the-plan apartment record
By Jeni O'Dowd 06/07/2026
Property
Jamie Durie’s amazing waterfront home for sale with a $33m price tag
By Kirsten Craze 10/10/2025
0
Your Cart
Your cart is emptyReturn to Shop