The 2018 Generational Property Ladder survey, backed by lender Homeloans.com.au, also showed 29 per cent of the 1,072 respondents would delay retirement to give their children financial assistance.

A further 10 per cent are willing to refinance to free up cash for their children, and 35 per cent would consider offering an interest free loan.

Going guarantor on a loan is also becoming a popular option, according to Will Keall, head of marketing at Homeloans.com.au.

This survey comes as data from the banking regulator, APRA, indicates that interest-only loan approvals plummeted by 55 per cent last quarter.

Investor home loan approvals also dropped by 12.4 per cent over the quarter, representing 31.1 per cent of new home loan approvals, a total of $117.5 billion.

Investors looking to enter the property market for the first time should be particularly wary of increased scrutiny on their spending habits, including through popular payment platforms like Afterpay and ‘tap and go.’ You can learn more about this here.