1345.4 - SA Stats, Dec 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 19/12/2006   
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Image: Housing Finance


HOUSING FINANCE

HOUSING FINANCE COMMITMENTS

The trend estimate of the total value of housing finance commitments (owner occupation) in South Australia has risen by 20.8% to $932m in the 12 months to October 2006. Nationally, for the same period, the increase was smaller at 10.0% (to a total of $13,783m).

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION), South Australia
Graph: Housing finance commitments (owner occupation), South Australia
Source: Housing Finance, Australia (cat. no. 5609.0)


Since October 1996, the average home loan commitment for owner occupied dwellings in South Australia has more than doubled to $177,800 in October 2006. Over the last decade, there has been little difference between the average loan size for first home buyers and for non-first home buyers in South Australia.

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION), Original,
Average Loan Size by Type of Buyer, South Australia
Graph: Housing financecommitments (owner occupation), original, average loan size by type of buyer, South Australia
Source: Housing Finance, Australia (cat. no. 5609.0)