What is the oldest age you should buy a home?

Buying a home later in life is increasingly common, and there’s technically no fixed “too old” age to purchase property. Australian law even prohibits age-based lending discrimination. In simple terms, you can legally take out a mortgage at any age if you meet the financial requirements. However, lenders will look closely at your situation if you’re older, especially if the loan would run past a typical retirement age (often considered around 65-75). So while there’s no hard cut-off, practical hurdles start to appear as you age.