1345.4 - SA Stats, Jun 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/06/2009   
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HOUSING FINANCE


HOUSING FINANCE COMMITMENTS

In trend terms, the total value of housing finance commitments (owner occupation) in South Australia in April 2009 was $1,131m, an increase of 1.7% from $1,111m in March 2009. Nationally, the value of housing finance commitments for owner occupation grew by 2.9% from $15,430m in March 2009 to $15,883m in April 2009.

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


In April 2009, the average home loan size for owner occupied dwellings in South Australia was $214,800, which was significantly lower than the average home loan size for Australia ($264,700).

In April 2009, the average loan size for first home buyers in South Australia was $249,200, which was 21.4% higher than the average loan size for non-first home buyers ($205,200). Since April 2008, the average loan size for first home buyers has increased 26.6% while the average loan size for non-first home buyers has increased 5.4%.

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.