Description
Housing Affordability Report – September Quarter 2024
HAR1
Average Home Loans per Quarter from December 1996. The spreadsheet contains average values of new housing commitments (excluding refinancing) for each state and territory as well as for Australia from the December quarter 1996. December 1996
HAR2
Average Monthly Loan Repayments from December 1996. The spreadsheet contains quarterly values of average loan repayments per month calculated based on average variable standard interest rate applied to an average value of a loan assuming the length of the loan being 25 years. Figures are given for each state and territory as well as for Australia from the December quarter 1996. December quarter 1996
HAR3
Home Loan Affordability Indicators from December 1996. The spreadsheet contains home affordability indicators for Australia as well as for New South Wales, Victoria, Queensland, South Australia, Western Australia, the Northern Territory, Tasmania and Australian Capital Territory from the December quarter 1996.
The spreadsheet also contains long term average figures for each state and territory as well as for Australia from the March Quarter 1997.
Home loan affordability indicator (HLAI) is a ratio of family income to average loan repayments. The HLAI divided by a constant factor of 10 is the number of times by which median family income exceeds average home loan repayments in a full year. December quarter 1996
HAR4
Median Weekly Family Income from March 1994. The spreadsheet contains value of median weekly family income for Australia from the March quarter 1994. Median weekly family income for states and territories are given from the December quarter 1995. March quarter 1994
HAR5
Proportion of Family Income to Meet Average Loan Repayments from December 1996. The spreadsheet contains proportions of median family income required to meet average loan repayments for Australia from the December quarter 1996. Figurer for states and territories are given from the December quarter 1996.
HAR6
Total New Housing Commitments excluding Refinancing per Quarter from March. The spreadsheet contains numbers of new housing commitments (excluding refinancing) for each state and territory as well as for Australia from the March quarter 1999. March 1999
HAR7
Proportion of Median Weekly Family Income spent on Rent from December 1996. The spreadsheet contains proportions of median weekly family income required to meet the median rent for three bedroom house from the December quarter 1996. Calculation is based on median family income for each state and territory and median three bedroom house rents for each capital city. December 1996
