1345.4 - SA Stats, May 2011
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/05/2011
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In March 2011, the average home loan size for owner occupied dwellings in South Australia was $224,500, a small increase of 0.4% over the previous month, but 21.4% lower than the average loan size for Australia ($285,500).
In March 2011, the average loan commitment for first home buyers in South Australia fell to $232,800; a decrease of 1.1% over the February estimate but 13.2% below the peak recorded in March 2009 ($268,300). The average loan size for non-first home buyers in March 2011 rose slightly to $223,300; an increase of 0.5%. The average loan size for first home buyers in March 2011 is 4.3% higher than for non-first home buyers.
For information on the house price index, please refer to the ' Price Indexes' topic.
Please refer to source publications for impact of floods on data and collections.
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