Joined: Wed Jan 30 2008, 10:05AM Location: Queensland Posts: 301
First Home Buyers average Mortgages
The average mortgage finance for First home buyers in May 2010, as compared to April 2010, has dropped slightly in most States.
However, the major difference is in the Northern Territory, where this months average first home mortgage has risen to $355,900, the highest figure for all the States. South Australia also rose slightly.
NSW Number of Loans: 2392 up to 2585 Average Value: $309,800 down to $309,300
Vic Number of Loans: 2223 up to 2471 Average Value: $314,400 down to $308,400
QLD Number of Loans: 1245 up to 1252 Average Value: $297,100 down to $284,500
SA Number of Loans: 476 up to 529 Average Value: $241,900 UP to $246,000
WA Number of Loans: 885 up to 944 Average Value: $289,300 down to $279,600
TAS Number of Loans: 136 down to 126 Average Value: $212,000 down to $193,700
NT Number of Loans: 57 up to 60 Average Value: $325,700 UP to $355,900
ACT Number of Loans: 129 DOWN to 118 Average Value: $285,300 down to $276,400
This information is taken from data sourced at ABS 5609.0 Housing Finance, Table 9b
Joined: Wed Jan 30 2008, 10:05AM Location: Queensland Posts: 301
New South Wales In the 12 months ended May 2010, there were 2,585 First Home Buyer mortgages issued in NSW, with an average value of $294,800 each. In May 2010 the average was $309,300. The highest average recorded so far was Dec 2009 at $312,400
Victoria In the 12 months ended May 2010, there were 2,471 First Home Buyer mortgages issued in Vic, with an average value of $267,970 each. In May 2010 the average was $282,500, this is the highest average recorded so far.
Queensland In the 12 months ended May 2010, there were 1,252 First Home Buyer mortgages issued in QLD, with an average value of $275,812 each. In May 2010 the average was $284,500. The highest average recorded so far was Mar 2009 at $300,400
South Australia In the 12 months ended May 2010, there were 529 First Home Buyer mortgages issued in SA, with an average value of $234,940 each. In May 2010 the average was $246,000. The highest average recorded so far was Mar 2009 at $268,300
Western Australia In the 12 months ended May 2010, there were 944 First Home Buyer mortgages issued in WA, with an average value of $294,476 each. In May 2010 the average was $279,600. The highest average recorded so far was Jan 2010 at $301,800
Tasmania In the 12 months ended May 2010, there were 126 First Home Buyer mortgages issued in Tas, with an average value of $199,003 each. In May 2010 the average was $193,700. The highest average recorded so far was Jan 2010 at $215,100
Northern Territory In the 12 months ended May 2010, there were 60 First Home Buyer mortgages issued in NT, with an average value of $302,253 each. In May 2010 the average was $355,900, this is the highest average recorded so far.
Australian Capital Territory In the 12 months ended May 2010, there were 118 First Home Buyer mortgages issued in ACT, with an average value of $290,813 each. In May 2010 the average was $276,400. The highest average recorded so far was Mar 2009 at $316,700
