Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
1345.4 - SA Stats, Nov 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/11/2008   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

HOUSING FINANCE


HOUSING FINANCE COMMITMENTS

In trend terms, the total value of housing finance commitments (owner occupation) in South Australia in September 2008 was $814m, a decrease of 1.0% from $822m in August 2008. This was the tenth consecutive monthly fall in the value of housing finance commitments (owner occupation). Nationally, the value of housing finance commitments for owner occupation fell by 1.2% from $12,018m in August 2008 to $11,876m in September 2008.

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION) (a), South Australia
Graph: HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION) (a), South Australia


In September 2008, the average home loan size for owner occupied dwellings in South Australia was $205,000, which was significantly lower than the average home loan size for Australia ($251,300). Over the past year, there has been some growth in the average loan size for owner occupied dwellings in South Australia: the average loan size in September 2008 ($205,000) was 6.3% higher than that of September 2007 ($192,800).

In September 2008, the average loan size for first home buyers in South Australia was $222,800, which was 10.5% higher than the average loan size for non-first home buyers ($201,600). From August 2008 to September 2008, the average loan size for first home buyers increased by 2.2%, while the average loan size for non-first home buyers decreased by 0.5%.

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION) (a), Average loan size, Original, South Australia
Graph: HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION) (a), Average loan size, Original, South Australia


For information on the house price index, please refer to the ' Price Indexes' topic.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.