A collection of key statistics about home loans in Australia, including interest rates, loan sizes, refinancing trends, and borrowing activity based on the latest data from the ABS and RBA.

Home Loans in Australia decreased to 53168.90 AUD Million in the first quarter of 2025 from 54808.60 AUD Million in the fourth quarter of 2024. This dataset provides - Australia Home Loans- actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of November 2024, the average owner-occupier home loan interest rate was the highest in the Australian state of Western Australia, with an average rate of around 6.36 percent. In comparison, the average mortgage interest rate in Victoria was at around 6.26 percent.

As of the end of March 2025, the average mortgage interest rate for Australian owner-occupier borrowers was around *** percent. In comparison, the average investor interest rate was approximately *** percent. These rates refer to outstanding housing loans from banks and registered financial corporations. New loans financed in that month had even similar interest rates, at *** percent for owner-occupiers and *** percent for investors, respectively.

Mortgage Rate in Australia decreased to 5.97 percent in March from 6.03 percent in February of 2025. This dataset includes a chart with historical data for Australia Mortgage Rate.

Mortgage lenders are dealing with the RBA's shift to a tighter monetary policy, as it fights heavy inflation. Since May 2022, the RBA has raised the benchmark cash rate, which flows to interest rates on home loans. This represents a complete reversal of the prevailing approach to monetary policy taken in recent years. Over the course of the pandemic, subdued interest rates, in conjunction with government incentives and relaxed interest rate buffers, encouraged strong mortgage uptake. With the RBA's policy reversal, authorised deposit-taking institutions will need to balance their interest rate spreads to ensure steady profit. A stronger cash rate means more interest income from existing home loans, but also steeper funding costs. Moreover, increasing loan rates mean that prospective homeowners are being cut out of the market, which will slow demand for new home loans. Overall, industry revenue is expected to rise at an annualised 0.4% over the past five years, including an estimated 2.2% jump in 2023-24, to reach $103.4 billion. APRA's regulatory controls were updated in January 2023, with new capital adequacy ratios coming into effect. The major banks have had to tighten up their capital buffers to protect against financial instability. Although the ‘big four’ banks control most home loans, other lenders have emerged to foster competition for new loanees. Technological advances have made online-only mortgage lending viable. However, lenders that don't take deposits are more reliant on wholesale funding markets, which will be stretched under a higher cash rate. Looking ahead, technology spending isn't slowing down, as consumers continue to expect secure and user-friendly online financial services. This investment is even more pressing, given the ongoing threat of cyber-attacks. Industry revenue is projected to inch upwards at an annualised 0.8% over the five years through 2028-29, to $107.7 billion.

Households: Housing Finance: Trend: New Loan Commitments: Owner Occupier: First Home Buyers: South Australia data was reported at 182.800 AUD mn in Feb 2020. This records an increase from the previous number of 180.600 AUD mn for Jan 2020. Households: Housing Finance: Trend: New Loan Commitments: Owner Occupier: First Home Buyers: South Australia data is updated monthly, averaging 124.450 AUD mn from Jul 2002 (Median) to Feb 2020, with 212 observations. The data reached an all-time high of 306.000 AUD mn in May 2009 and a record low of 71.300 AUD mn in Nov 2002. Households: Housing Finance: Trend: New Loan Commitments: Owner Occupier: First Home Buyers: South Australia data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.KB010: Lending Indicators: Economic and Financial Statistics (EFS) Collection: Housing Finance: First Home Buyers.

Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Construction of Dwellings data was reported at 3,142.000 Number in Mar 2020. This records an increase from the previous number of 2,822.000 Number for Feb 2020. Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Construction of Dwellings data is updated monthly, averaging 3,134.000 Number from Jul 2002 (Median) to Mar 2020, with 213 observations. The data reached an all-time high of 5,078.000 Number in Oct 2009 and a record low of 2,066.000 Number in Jan 2005. Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Construction of Dwellings data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.KB008: Lending Indicators: Economic and Financial Statistics (EFS) Collection: Housing Finance: Owner Occupiers.

Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Total Housing Excl Refinancing: Australian Capital Territory data was reported at 768.000 Number in Mar 2020. This records an increase from the previous number of 653.000 Number for Feb 2020. Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Total Housing Excl Refinancing: Australian Capital Territory data is updated monthly, averaging 763.000 Number from Jul 2019 (Median) to Mar 2020, with 9 observations. The data reached an all-time high of 907.000 Number in Dec 2019 and a record low of 648.000 Number in Jan 2020. Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Total Housing Excl Refinancing: Australian Capital Territory data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.KB008: Lending Indicators: Economic and Financial Statistics (EFS) Collection: Housing Finance: Owner Occupiers.

The 1991 Census Expanded Community Profiles present 44 tables comprising more detailed information than that of the basic community profiles which provide characteristics of persons and/or dwellings for Statistical Local Areas (SLA) in Australia.

This table contains data relating to annual household income by monthly housing loan repayment. Counts are of occupied private dwellings which are being purchased (excludes caravans etc in caravan parks and not classifiable households), based on place of enumeration on census night which; includes overseas visitors; excludes Australians overseas; and excludes adjustment for under-enumeration. The data is by SLA 1991 boundaries. Periodicity: 5-Yearly.

This data is ABS data (cat. no. 2101.0 & original geographic boundary cat. no. 1261.0.30.001) used with permission from the Australian Bureau of Statistics. The tabular data was processed and supplied to AURIN by the Australian Data Archives. The cleaned, high resolution 1991 geographic boundaries are available from data.gov.au.

For more information please refer to the 1991 Census Dictionary.

Please note:

• (a) Not classifiable households are those dwellings which were temporarily unoccupied at the time of the census, but the collector had ascertained that it was normally occupied or the household contained only persons under 15 years of age.

• (b) Comprises households where at least one, but not all, member(s) aged 15 years or more did not state an income and/or at least one spouse, offspring, or co-tenant was temporarily absent.

• (c) Comprises households where no members present stated an income.

In the year ended December 2024, the number of new housing loan commitments to owner occupiers in Australia came to just over 322,270. This marked an increase in the number of new loan commitments to owner occupiers from the previous year.

This report analyses the standard variable home loan interest rate from registered banks. The data is collected monthly and converted into an average rate quoted by large bank lenders. Actual interest rates for loans can often vary, as they are subject to individual factors like loan size, the option of split-interest rates and whether there are redraw facilities or offset accounts. The data is sourced from the Reserve Bank of Australia (RBA) and presented as the average interest rate over each financial year.

State funded home purchase assistance provided during the financial year. Includes information on the housing loan product, date and amount of assistance provided.

In recent years, the value of mortgage debt outstanding in Australia has been growing for both owner-occupied and investment housing. As of December 2024, the mortgage debt secured on owner-occupier housing amounted to over *** trillion Australian dollars. In comparison, in December 2011, borrowers owed roughly *** billion Australian dollars.

Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Purchase of Residential Land data was reported at 2,498.000 Number in Mar 2020. This records an increase from the previous number of 2,262.000 Number for Feb 2020. Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Purchase of Residential Land data is updated monthly, averaging 2,498.000 Number from Jul 2019 (Median) to Mar 2020, with 9 observations. The data reached an all-time high of 2,691.000 Number in Oct 2019 and a record low of 2,095.000 Number in Jan 2020. Households: Housing Finance: New Loan Commitments: Owner Occupier: No: Purchase of Residential Land data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.KB008: Lending Indicators: Economic and Financial Statistics (EFS) Collection: Housing Finance: Owner Occupiers.

Investment Lending for Homes in Australia decreased to 0 AUD Million in the first quarter of 2025 from 32425.50 AUD Million in the fourth quarter of 2024. This dataset includes a chart with historical data for Australia Investment Lending For Homes.

The 1991 Census Basic Community profiles present 57 tables containing summary characteristics of persons and/or dwellings for Local Government Areas (LGA) in Australia. This table contains data relating to monthly housing loan repayment by dwelling type. Counts are of occupied private dwellings which are being purchased, based on place of enumeration on census night which; includes overseas visitors; excludes Australians overseas; and excludes adjustment for under-enumeration. The data is by LGA 1991 boundaries. Periodicity: 5-Yearly. This data is ABS data (cat. no. 2101.0 & original geographic boundary cat. no. 1261.0.30.001) used with permission from the Australian Bureau of Statistics. The tabular data was processed and supplied to AURIN by the Australian Data Archives. The cleaned, high resolution 1991 geographic boundaries are available from data.gov.au. For more information please refer to the 1991 Census Dictionary.

In the 2024 financial year, the total value of the Commonwealth Bank of Australia's home loan lending rose to approximately *** billion Australian dollars. CommBank is currently the largest Australian bank in terms of market capitalization, with a presence in New Zealand, Asia, the United States, and the United Kingdom.

In the year ended December 2024, the number of new housing loan commitments to investors in Australia came to just over 192,800. This marked an increase in the number of new loan commitments to investors from the previous year.

Households: Housing Finance: sa: New Loan Commitments: Owner Occupier: Alterations, Additions & Repairs data was reported at 213.200 AUD mn in Mar 2020. This records a decrease from the previous number of 241.300 AUD mn for Feb 2020. Households: Housing Finance: sa: New Loan Commitments: Owner Occupier: Alterations, Additions & Repairs data is updated monthly, averaging 309.900 AUD mn from Jul 2002 (Median) to Mar 2020, with 213 observations. The data reached an all-time high of 508.900 AUD mn in Aug 2003 and a record low of 200.600 AUD mn in Jan 2019. Households: Housing Finance: sa: New Loan Commitments: Owner Occupier: Alterations, Additions & Repairs data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.KB008: Lending Indicators: Economic and Financial Statistics (EFS) Collection: Housing Finance: Owner Occupiers.