At What Age Do Most Australians Actually Pay Off Their Mortgage?

Interested in trading? Try Mitrade's demo account for free: https://mytd.cc/wWHK Mortgage payoff age in Australia: most people finish in their early 60s, and a rising number never finish before retirement. Here is what the data shows. Buy in your 20s, own it outright by your early 50s. That timeline has broken. This breakdown uses Census figures, Australian Bureau of Statistics data, AHURI research and 2026 lender surveys to show when Australians actually pay off their mortgage. Chapters: 0:00 The Age Australians Expect To Be Mortgage Free 0:22 Why There Is No Official Mortgage Payoff Age In Australia 0:43 Census Data On Outright Home Ownership In Australia 1:27 Australians Aged 55 To 64 Still Paying A Mortgage 2:27 Why First Home Buyer Age Pushes The Payoff Date Later 2:52 Average Australian Home Loan Size In 2026 3:50 How Refinancing And 40 Year Loan Terms Reset The Clock 4:24 Exit Strategy Rules For Older Borrowers 5:03 Retiring With Mortgage Debt And Superannuation Risk 5:55 What Gen Z And Millennials Expect To Owe At Retirement 6:49 How To Pay Off Your Mortgage Faster In Australia 7:59 Refinancing Without Extending Your Loan Term 8:17 What Being Mortgage Free Early Actually Buys You Check out the channel's playlists for more videos on retirement, tax, investing, super, and more. Retirement in Australia → https://www.youtube.com/playlist?list=PLQLTyWVl7eWbzf4hpqj_I_WNL1xRlVQGV Tax & EOFY → https://www.youtube.com/playlist?list=PLQLTyWVl7eWZlXZQcaF3j0N85O8SieHRU Superannuation → https://www.youtube.com/playlist?list=PLQLTyWVl7eWZg_kZinVmlIYHgFcXbKGjh Investing & Wealth Building → https://www.youtube.com/playlist?list=PLQLTyWVl7eWaGPVPmfb6PF5f4sF__9cIz Salary & Cost of Living → https://www.youtube.com/playlist?list=PLQLTyWVl7eWYqAWIOqTXdxvIG_6Z6LuBf Legal Disclaimer: General information only, prepared for an Australian audience. This is not financial, credit, taxation or legal advice and does not consider your objectives, financial situation or needs. Aussi