1345.4 - SA Stats, Oct 2006  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 08/11/2006   
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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 21.4% to $898m in the 12 months to July 2006. Nationally, for the same period, the increase was less pronounced at 14.9% ( to a total of $63,885m).

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


Since July 1996, the average home loan commitment for owner occupied dwellings in South Australia has more than doubled. 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 finance commitments (owner occupation), Original, Average loan size by type of buyer, South Australia
Source: Housing Finance, Australia (cat. no. 5609.0)