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	261 777
December	218 081	225 242	233 792	252 478
March	216 084	224 985	235 146	246 646
June	218 362	228 883	248 338	256 120
Annual average	216 894	225 521	236 942	251 795
Average monthly repayment on new home loans – $
September	1 496	1 582	1 705	1 949
December	1 512	1 604	1 785	2 008
March	1 516	1 591	1 781	2 070
June	1 552	1 660	1 880	2 177
Annual average	1 519	1 609	1 788	2 051
Loan repayments as a proportion of family income – per cent
September	32.0	32.1	33.7	36.6
December	31.8	32.3	35.0	37.4
March	31.4	31.9	34.5	38.0
June	31.8	33.2	35.9	39.7
Annual average	31.7	32.4	34.8	38.0
(a) Excludes alterations and additions and refinancing.
Sources: Real Estate Institute of Australia and Deposit Power
ABS, Housing Finance, Cat. no. 5609.0
								Update
								14 January 2009 for lending
								Late February 2009 for affordability