The value of secured new housing finance commitments for owner occupation made in Tasmania in 2003-04 was $1,649 million. This was $375 million above the value recorded in 2002-03. Of the $1,649 million in housing commitments in 2003-04, purchase of established dwellings was the largest proportion, 87.4%.
VALUE OF HOUSING FINANCE COMMITMENTS, Tasmania(a)
|
 | 2000-01 | 2001-02 | 2002-03 | 2003-04 |
| | | | |
| Purpose | $m | $m | $m | $m |
|
| Construction of dwellings | 67 | 108 | 121 | 179 |
| Purchase of new dwellings | 19 | 24 | 37 | 29 |
| Purchase of established dwellings(b) | 829 | 951 | 1,116 | 1,441 |
| Total | 923 | 1,083 | 1,274 | 1,649 |
| | | | |
| Re-financing | 166 | 162 | 238 | 420 |
(a) Excludes alterations and additions.
(b) Includes re-financing.
Source: Housing Finance, Australia - Time Series Spreadsheet (cat. no. 5609.0, table 10b). |
This page last updated 3 January 2008
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