1345.4 - SA Stats, Mar 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/03/2008   
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Image: Housing finance

HOUSING FINANCE


HOUSING FINANCE COMMITMENTS
The trend estimate of the total value of housing finance commitments (owner occupation) in South Australia in January 2008 was $1,072m, an increase of 15.9% from January 2007. Nationally, for the same period, the increase was lower at 10.1% (to a total of $15,775m).

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION), South Australia
Housing finance commitments (owner occupation), South Australia
Source: Housing Finance, Australia (cat. no. 5609.0)


Since January 1998, the average home loan commitment for owner occupied dwellings in South Australia has more than doubled from $82,500 to $188,100 in January 2008. In January 2008 the average loan size for first home buyers was $198,400, which was 6.4% greater than the average loan size of $186,500 for non-first home buyers. The average home loan commitment for owner occupied dwellings in Australia in January 2008 was $233,900.

HOUSING FINANCE COMMITMENTS (OWNER OCCUPATION), Original,
Average Loan Size by Type of Buyer, South Australia
Housing finance commitments (owner occupation), original, average loan size by type of buyer, South Australia
Source: Housing Finance, Australia (cat. no. 5609.0)