Monthly Statistical Bulletin
5.4 Home loan affordability
Quarter	2004–05	2005–06	2006–07	2007–08	2008–09
Average size of new home loan (a) – $
September	214 866	222 610	229 503	252 099	261 910
December	218 081	225 242	233 792	252 478	267 974
March	216 084	224 985	235 146	246 646	267 588
June	218 362	228 883	248 338	256 052	274 994
Annual average	216 894	225 521	236 942	251 782	268 699
Average monthly repayment on new home loans – $
September	1 496	1 582	1 705	1 949	2 070
December	1 512	1 604	1 785	2 008	1 850
March	1 516	1 591	1 781	2 070	1 662
June	1 552	1 660	1 880	2 177	1 689
Annual average	1 519	1 609	1 788	2 051	1 818
Loan repayments as a proportion of family income – per cent
September	32.0	32.1	33.7	36.6	37.8
December	31.8	32.3	35.0	37.2	32.4
March	31.4	31.9	34.5	38.0	28.8
June	31.8	33.2	35.9	39.5	28.9
Annual average	31.7	32.4	34.8	37.9	31.9
(a) Excludes alterations and additions and refinancing.
Sources: Real Estate Institute of Australia and Deposit Power
ABS, Housing Finance, Cat. no. 5609.0
								Update
								9 November 2009 for lending
								Early December 2009 for affordability