A third of Australians are choosing travel over home ownership, with more than half of young adults saying they’d rather be well travelled than own a home.

A recent survey by ME found that Australians think being well travelled is more important than buying a home, with many choosing to take on, or delay paying off, debt in order to travel.

According to an ME travel survey of 1,000 adults conducted in October 2019 by research provider Pureprofile, one in three Australians values travel over home ownership.