First Home Buyers in Australia


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First Home buyers in Australia.

Data on the numbers of properties purchased on finance by First Home buyers in Australia, together with the average mortgage sizes of such properties, is publicly available at the Australian Bureau of Statistics.

The following charts have taken some of this data, and formatted it in a way for easy reading and comparison of the changes in the First Home Buyers average loan size during the last 12 months, and the annualised numbers of First Home Buyers sales over the last 10 years.

It can be seen that the average loan size has not changed much in the year to October 2010, but the number of sales of these financed properties has moved around a bit, especially in the 2009 period, with a massive jump caused by the scramble to get the last of the First Home Owners Boost to the standard grant.

First Home Buyers Average Loan Size

    Month and Year Average Loan % of all loans
    Nov-2009 $283,900 22.6%
    Dec-2009 $289,700 21.5%
    Jan-2010 $282,500 21.0%
    Feb-2010 $281,600 18.6%
    Mar-2010 $284,500 16.4%
    Apr-2010 $289,600 16.9%
    May-2010 $286,600 16.5%
    Jun-2010 $283,800 16.2%
    Jul-2010 $286,500 15.9%
    Aug-2010 $283,200 15.5%
    Sep-2010 $279,600 15.9%
    Oct-2010 $282,800 15.4%
    Nov-2010 $277,900 15.6%

Number of FHB sales in 12 months ended


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    12 Months ended Number of Sales % of all loans
    Oct-1999 111,743 21.8%
    Oct-2000 113,394 21.4%
    Oct-2001 139,390 23.5%
    Oct-2002 126,677 20.2%
    Oct-2003 97,501 14.6%
    Oct-2004 87,425 14.1%
    Oct-2005 111,870 16.5%
    Oct-2006 130,928 17.4%
    Oct-2007 133,314 17.3%
    Oct-2008 120,981 17.9%
    Oct-2009 191,943 26.3%
    Oct-2010 104,284 17.8%

Note the percentage of all loans for the last 5 years, and how 2005 to 2010 all look about the same, except for that massive spike in 2009.

* November 2010 data added 12th Jan 2011

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