First Home Buyers in Australia June 2011


Compare, Select & Save on private health cover with iSelectThe following tables show the changes in the numbers, and the average value of Mortgages taken, for Australian First Home Buyers property transactions, up to June 2011.

Number of FHB sales in each 12 month period ended:

    12 Months ended Number of Sales % of all loans
    Jun-2001 127,088 23.1%
    Jun-2002 143,885 22.9%
    Jun-2003 101,306 16.0%
    Jun-2004 88,400 13.4%
    Jun-2005 103,664 16.0%
    Jun-2006 127,995 17.6%
    Jun-2007 130,597 16.9%
    Jun-2008 129,149 17.6%
    Jun-2009 165,108 24.3%
    Jun-2010 138,922 21.4%
    Jun-2011 90,210 15.6%

The number of property sales to first home buyers in the last 12 months has dropped considerably in both the total number, and in the proportion of first home buyers to all property purchases that were financed during that period.

First Home Buyers Average Loan Size

The average loan size to First Home Buyers, over the last 2 years, has changed from $270,200 in June 2009 to $280,200 in June 2011.

This is an increase of only 3.7%, which, for a 2 year period is not very high.
The lowest average in this 2 years was $269,700 (July 2009) and the highest was $289,700 (Dec 2009).

    Month and Year Average Loan % of all loans
    Jun-2009 $270,200 27.1%
    Jul-2009 $269,700 25.3%
    Aug-2009 $270,800 24.7%
    Sep-2009 $274,600 26.1%
    Oct-2009 $275,500 26.0%
    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 $280,400 15.9%
    Oct-2010 $283,600 15.4%
    Nov-2010 $278,800 15.6%
    Dec-2010 $281,700 15.8%
    Jan-2011 $274,300 15.2%
    Feb-2011 $277,000 14.9%
    Mar-2011 $279,500 16.0%
    Apr-2011 $285,400 15.8%
    May-2011 $286,200 15.4%
    Jun-2011 $280,200 15.2%

All Data is compiled from the ABS 5609 Housing Finance reports.


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