News & Research

Women and Property 2021

State of Play - Exclusive report on women and property ownership

Overview

Exclusive report on women and property ownership in New Zealand and Australia

While women have made extraordinary gains in terms of achieving equality with men, there is undeniably still a wealth gap between women and men. With residential real estate valued at more than $1.3 trillion in New Zealand in 2021(now more than $1.7 trillion in 2022), CoreLogic has delved into our extensive property data universe to understand how this wealth is distributed.

Not surprisingly, in both New Zealand and Australia we found higher rates of property ownership among men than women.

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What is included?

Ownership by gender

This report seeks to understand female rates of property ownership by matching gender to property owners in New Zealand and Australia.

Current State

Of the New Zealand properties analysed, 20.3% were owned exclusively by females, compared with 22.9% of exclusive male ownership.

Why does it matter

Property ownership provides a source of wealth accumulation to help maintain living standards through retirement.

Addressing the issue

Pay parity in this sense is linked to wealth parity, and closing the gender pay gap would support outcomes of self-provision for retirement.