Amanda Smith has been trying to save money for an eventual housing deposit, but says at times it feels like a lost cause.
"I've just started my first reasonably paying job and I've started putting money away, but then you see the statistics about median apartment prices, and you think you're just going nowhere," she said.
"It's daunting because I'd like to live in Canberra - it was where I was raised - but it's a super expensive place."
The 27-year-old Palmerston resident said rising house prices in the nation's capital had made the prospect of owning her own home an unattainable dream.
She's not the only one. A new report found ACT Millennials think they're less likely to own their own home compared to Millennials in other parts of Australia.
The 2019 Australian Millennial Report, a survey of more than 1200 Australians aged between 19 and 36, found ACT residents were more pessimistic on property ownership compared to the rest of the country.
Those surveyed were asked about their attitudes on property ownership compared to how much disposable income they spent on items like cafe meals.
No matter how often disposable income was spent, ACT Millennials found property ownership was more out of reach than the national average.
Ms Smith said it's hard not to be pessimistic about home ownership as a young person.
"It's a lot harder to save for a deposit compared to 20 or 30 years ago," she said.
"When you look at the cost of living now compared to the 1970s, there's a vast difference."
Demographer Tom McGillick, who compiled the survey for the company Millennial Future, said the report aimed to give an accurate representation of how young people view the world.
"Despite some millennials being well into their 30s, they're still pretty marginalised in the national discourse," Mr McGillick said.
"We wanted to create a national data set we could use to advocate for young people and be able to shed light on experiences that are too often dismissed."
Among the other results in the report, 32 per cent of ACT Millennials said they used their smartphone less than most people, compared to 25 per cent of Australians who said the same thing.
Eighty per cent of ACT respondents said they had a conversation with friends or family about mental health, a little more than the national average of 75 per cent.
Mr McGillick said mental health was one of the largest issues facing young people identified in the survey.
"We were consistently surprised that when we asked what was the most important thing to have a healthy lifestyle, they didn't say fitness - they said it was looking after mental health," he said.
Millennials living in the ACT were also the most likely to support the federal government at the upcoming election, compared to those in any other jurisdiction.
Those surveyed in each state and territory were asked to rate their voting intentions for the poll from zero to 10, with zero being strongly voting against the government and 10 being strongly supporting the government.
The ACT had the highest score of 5.8, followed by the Northern Territory, NSW and Victoria.
Queensland Millennials were the least likely to support the government, registering a score of 4.55.
However, a majority of all Millennials surveyed said they were still undecided, with the cost of living and the economy identified as the biggest issues.
Mr McGillick said many Millennials thought they were ignored by the major political parties.
"The demographic is a large voting bloc, despite it not being a voting bloc that's take seriously," he said.
"There's around 430,000 Millennials that are about to vote in their first election, and that group since the last election has grown significantly."