1345.4 - SA Stats, Apr 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/04/2007   
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Image: Housing FinanceHOUSING FINANCE

HOUSING FINANCE COMMITMENTS
The trend estimate of the total value of housing finance commitments (owner occupation) in South Australia has risen by 13.5% to $912m in the 12 months to January 2007. Nationally, for the same period, the increase was smaller at 7.6% (to a total of $13,933m).

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION), South Australia
Graph: Housing Finance Commitments (Owner Occupation), South Australia
Source: Housing Finance, Australia (cat. no. 5609.0)


Since January 1997, the average home loan commitment for owner occupied dwellings in South Australia has more than doubled from $80,300 to $182,000 in January 2007. Except for the months of April and May 2006, the average loan size for first home buyers has been greater than that for non-first home buyers since August 2003.

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION), Original,
Average Loan Size by Type of Buyer, South Australia
Housing Finance Commitments (Owner Occupation), Original
Source: Housing Finance, Australia (cat. no. 5609.0)