1318.3 - Qld Stats, Jun 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 22/06/2009   
   Page tools: Print Print Page Print all pages in this productPrint All

Image: Housing Finance HOUSING FINANCE


In Queensland, the number of owner occupied housing commitments in trend estimate terms increased to 12,541 (up 2.3%) from March 2009 to April 2009, the eigth consecutive monthly increase.

Housing Finance Commitments, (Owner Occupation)(a), Trend - Queensland
Graph: Housing Finance Commitments, (Owner Occupation)(a), Trend—Queensland

The trend estimate of the total value of housing finance commitments for owner occupation in Queensland increased by 3.1% to $3,391 million, from March 2009 to April 2009. Over the year to April 2009, in trend estimate terms, the value of housing finance commitments showed an increase of 20%.

Since April 1999, the average home loan commitment for owner occupied dwellings in Queensland has more than doubled from $116,700 to $270,800.

In April 2009, the average loan size for first home buyers ($288,700) decreased 3.7% from the previous month. The April 2009 average loan size for non-first home buyers ($264,100) decreased 0.1% from the previous month.

Average Loan Size by Type of Buyer (Owner Occupation)(a), Original - Queensland
Graph: Average Loan Size by Type of Buyer (Owner Occupation)(a), Original—Queensland

Further information on this topic is available in Housing Finance, Australia (cat. no. 5609.0) or by contacting the National Information and Referral Service on 1300 135 070. This publication is released monthly.