1

Australian Home Loan Statistics

Discover average home loan sizes around Australia and much more with our comprehensive guide to home loan statistics.

As of 2018, Australia's housing stock numbers almost 10 million homes, with nearly 20,000 new dwellings approved every month. Buying a home is the most expensive purchase most Australians will make - but what does the state of Australia's home loan debt actually look like? On this page we cover average loan size for first home buyers and others, whether we prefer fixed or variable, the number of loans written each month, and the average home loan size for each state.

Compare home loans now

The total value of owner occupier home loans written Australia in March 2018 was $20.8 billion, with the average loan size being $388,100. For first home buyers, this average loan size drops to $335,400. New South Wales has the highest average loan of any state, at $445,500. Further statistics can be found in the visualisation below.

Year12-month average loan sizeAverage first home buyer share of market
1991$73,70019%
1992$78,44222%
1993$84,20022%
1994$90,24222%
1995$95,92522%
1996$99,19222%
1997$110,07522%
1998$118,37521%
1999$133,01722%
2000$133,00022%
2001$145,34224%
2002$160,99219%
2003$182,73314%
2004$205,20015%
2005$215,48317%
2006$224,38318%
2007$242,58318%
2008$257,20020%
2009$282,11728%
2010$304,27518%
2011$303,22518%
2012$298,60818%
2013$303,56717%
2014$324,69216%
2015$354,85014%
2016$363,65013%
2017$374,05016%
Are you a journalist or researcher? If you need any further data or custom research, please contact...
Graham Cooke
Graham Cooke
Insights Manager
graham.cooke@finder.com.au@gcooke42/in/gcooke42unnamed (25)
P: +61 4 0180 2681
E: graham@finder.com
Data source: finder.com.au, ABS.
Was this content helpful to you? No  Yes

Related Posts

Home Loan Offers

Important Information*
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special

Start your home buying journey with 2 years of fixed repayments and a reasonable rate from a big 4 bank. Available with a 10% deposit.

UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupied Variable P&I Rate — borrowing $700,000 or more

Pay no application or ongoing fees and get access to a redraw facility and flexible repayment schedule. Refinance to a UBank loan and you could get $1,000 in your USaver account (offer conditions apply).

Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)

Loans over $150k get a discount off an already low fixed rate. Available for NSW, Qld and ACT residents only.

Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer ($150,000+ Owner Occupier, P&I)

New borrowers or refinancers from another lender get a discounted rate with this package loan.

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
Go to site