Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013

HOUSING FINANCE


HOUSING FINANCE COMMITMENTS

The trend estimate of the total value of housing finance commitments (owner occupation) in South Australia in September 2009 was $1,175m. This series has remained relatively stable since June 2009. Nationally, growth in the value of housing finance commitments for owner occupation has slowed; however, the September 2009 estimate of $17,141m is still 37% higher then the value for the corresponding month in the previous year ($12,509m).

In September 2009, the average home loan size for owner occupied dwellings in South Australia was $205,600; substantially lower than the average home loan size for Australia ($269,500).

In September 2009, the average loan commitment for first home buyers in South Australia was $232,800, which was 17.4% higher than the average loan size for non-first home buyers ($198,300). The average loan commitment of first home buyers is now 13.2% below the peak of March 2009 ($268,300).

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