Skip to section navigationSkip to content Commonwealth of Australia Coat of Arms Parliament of Australia - Department of the Parliamentary Library
HomeSenateHouse of RepresentativesLive BroadcastingThis Week in Parliament FindFrequently asked questionsContact

Monthly Economic and Social Indicators

HISTORICAL SUPPLEMENT 1999

5.4 Housing Loan Affordability Indicator

Indicator (a)

September

quarter

December

quarter

March

quarter

June

quarter

Annual average

1979-80

57.4

57.4

1980-81

54.5

55.3

54.2

56.4

55.1

1981-82

54.4

52.4

52.0

51.6

52.5

1982-83

51.9

51.3

51.9

52.5

51.9

1983-84

52.4

54.9

53.7

54.4

53.9

1984-85

50.1

48.9

46.5

44.6

47.4

1985-86

42.8

43.1

46.6

37.4

42.2

1986-87

37.2

36.9

36.2

36.4

36.7

1987-88

36.2

36.2

37.1

35.3

36.2

1988-89

32.6

31.5

29.7

27.9

30.3

1989-90

27.4

27.4

28.2

28.4

27.9

1990-91

29.1

30.6

32.6

31.1

30.8

1991-92

34.1

35.8

39.4

41.1

37.4

1992-93

44.1

46.1

47.4

47.5

46.2

1993-94

49.2

52.3

49.0

47.9

49.5

1994-95

43.4

37.0

33.8

33.3

36.4

1995-96

33.8

34.9

35.7

35.7

35.0

1996-97

37.7

39.6

41.7

42.4

40.3

1997-98

43.0

42.8

43.8

43.5

43.3

(a) Measures the relationship between median weekly family income and average monthly home loan repayments on new loans. An increase in the indicator implies an improvement in affordability.

Source: Real Estate Institute of Australia

top