Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013

HOUSING FINANCE


HOUSING FINANCE COMMITMENTS

In trend terms, the total value of housing finance commitments (owner occupation) in South Australia in May 2009 was $1,169m, an increase of 1.5% from $1,152m in April 2009. Nationally, the value of housing finance commitments for owner occupation grew by 3.0% from $16,551m in April 2009 to $17,042m in May 2009.

In May 2009, the average home loan size for owner occupied dwellings in South Australia was $214,900, which was significantly lower than the average home loan size for Australia ($266,900).

In May 2009, the average loan size for first home buyers in South Australia was $253,200, which was 24.9% higher than the average loan size for non-first home buyers ($202,700). Since May 2008, the average loan size for first home buyers has increased 27.0% while the average loan size for non-first home buyers has increased 5.8%.

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