AFG MORTGAGE INDEX Q4 FY2026
Released
Released
Announcement PDF
Market Release
16 July 2026
Market Announcements Office
ASX Limited
Exchange Centre
20 Bridge Street
SYDNEY NSW 2000
Dear Sir/Madam
AFG MORTGAGE INDEX – Q4 FY2026
Please see attached statement regarding AFG’s Mortgage Index for the fourth quarter of financial year 2026.
Authorised for disclosure by:
Michelle Palethorpe
General Counsel and Company Secretary
Australian Finance Group Ltd
CONTACT DETAILS
Alison Clarke, AFG Head of Corporate Communications Mob 0402 781 367
David Bailey, CEO Tel (08) 9420 7888
AFG Index
Market Release
July 2026
Australian Finance Group Ltd | Australian Credit Licence 389087 | ACN 066 385 822
1
AFG brokers lodge $28.1 billion in home loans in
Q4 FY26 — the strongest June quarter on record
as the divide between east and west widens
Australian Finance Group Ltd (ASX:AFG) brokers lodged just under 39,000 mortgages in the final
quarter of FY26, valued at $28.1 billion. This represents AFG’s strongest June quarter on record
and a 1.4% increase on the prior year. The business enters FY27 in good shape, carrying genuine
momentum.
AFG Chief Executive Officer David Bailey said the result reflected the resilience of the broker
channel. “Following the strongest March quarter on record, some easing in June was expected,
especially after the Federal Budget announcements on 12 May and during a tightening rate cycle.
Despite divergence across states and shifting borrower sentiment mid-quarter, we delivered positive
year-on-year growth and a record-high average loan size.”
AFG Securities finished FY26 with strong momentum, closing with a record loan book of $7.1 billion,
a 30% lift in just 12 months while maintaining disciplined credit standards and good arrears
performance. Lodgements reached $1.4 billion for the final quarter of FY26, the strongest June
quarter on record, while June lodgements were the highest month ever recorded.
The quarter’s defining feature was a pronounced geographic divergence. New South Wales
remained the largest market with residential lodgements at $8.7 billion, followed by Victoria at
$8.1 billion and Queensland with $5.2 billion, though each saw lodgements decline on the prior
corresponding quarter in FY25 — by 1.8%, 0.6% and 1.8% respectively. South Australia outperformed
year-on-year, up 7.9% to $1.85 billion. Western Australia was the standout, recording residential
lodgements of $4.21 billion, the only state to grow quarter-on-quarter (+0.6%) and strongly ahead
year-on-year (+14.6%).
Nationally, residential lodgements for the quarter remained positive overall, although activity
became more uneven late in the period. After a strong start in April and May 2026, June moderated
as borrowers took time to assess the Federal Budget changes and the cumulative impact of recent
RBA cash rate increases.
“We believe the fiscal policy changes announced during the quarter will represent a period of
readjustment rather than a structural shift in underlying demand,” said Mr Bailey. “We have seen
patchy investor volumes as the market absorbs the new settings, and the data is consistent with
some borrowers pausing or reassessing plans. We view this as transitional, and broker demand has
remained resilient. Western Australia’s continued strength, driven by its resource-sector economy
and supply-constrained housing market, reinforced its position as a standout contributor to national
volumes.”
Upgrader activity climbed to 44% of total residential lodgements. This level has only been reached
twice before, in 2022 and 2018. Investor participation for the quarter eased slightly from 35% to 34%,
with the month of June unsurprisingly softening to 32%. “First Home Buyer demand held at 12%,
with no noticeable impact from the changes implemented by the Federal Budget as yet. Refinancing
ticked up to 16% following its record low of 15% in Q3, potentially signalling the floor in the long-
running refinancing downtrend. It is still at the lower end of the long-term averages and as interest
rate movements kick into household budgets, our expectation is that this will lift.”
https://investors.afgonline.com.au/link/PRVW2P
For media enquiries, please contact
Alison Clarke
Head of Corporate Communications
P (08) 9420 7014 | P 0402 781 367
afgonline.com.au
2
The national average loan size reached a record high of $727,345, up 7.2% on the prior year, with the
national LVR falling to 63%, the lowest level recorded in AFG’s data. Borrowers continued to strongly
favour variable-rate products, which rose to 87.5% of lodgements; fixed-rate retreated to 3.8%
following Q3’s spike to 5.4%.
“Looking under the hood at lender performance, Westpac brands captured an 18% market share for
the quarter, marginally ahead of CBA and ANZ brands at 16%, with Macquarie close behind at 14%.
NAB remained flat at 8%, but over-indexed in investor flows at 36%,” said Mr Bailey.
AFG Home Loans delivered a standout quarter with $2.28 billion in lodgements, up 28.0% on the
prior year. Market share of total AFG broker lodgements reached 7.9%, the highest level recorded
in recent years. “The continued growth in AFG Home Loans reflects the strength and breadth of our
product portfolio and the trust our broker partners place in our proprietary offering,” said Mr Bailey.
“As we move into the new financial year, we remain focused on what we can control — supporting
brokers with competitive products, strong service levels and funding certainty,” he said. “Australians
retain confidence in property as a long-term asset class, and the role of brokers has never been
more important to borrowers navigating significant change. Importantly, AFG enters the new
financial year with a broader and more resilient earnings base, supported by continued growth in
broker services, increased scale within AFG and a net interest margin ahead of our previously stated
through-the-cycle aspiration of 120 basis points.”
-ends-
3
AFG Mortgages lodged
Table 1
Fiscal
Fiscal
Quarter
Lodge # Lodge Volume Avg Loan Inv %
First Home
Buyers %
Refinance
%
Upgrader %
Interest
Only %
Principal &
Interest %
2016 4 30,360 $14,492,569,632 $477,357 34% 7% 39% 33% 47% 53%
2017 1 31,572 $15,124,154,412 $479,037 32% 8% 38% 34% 46% 54%
2017 2 30,742 $14,979,398,027 $487,262 34% 9% 38% 32% 47% 53%
2017 3 29,038 $14,150,343,319 $487,304 32% 10% 35% 34% 44% 55%
2017 4 30,056 $14,551,070,209 $484,132 31% 10% 29% 39% 33% 67%
2018 1 30,471 $14,948,327,171 $490,576 29% 13% 25% 41% 19% 81%
2018 2 29,673 $14,813,114,159 $499,212 28% 13% 22% 44% 19% 81%
2018 3 27,723 $13,794,277,704 $497,575 28% 13% 23% 43% 20% 80%
2018 4 28,865 $14,542,901,956 $503,825 28% 13% 23% 43% 19% 81%
2019 1 27,869 $14,163,790,155 $508,227 27% 14% 24% 43% 19% 81%
2019 2 25,525 $12,967,945,442 $508,049 27% 13% 24% 43% 18% 81%
2019 3 23,035 $11,613,654,328 $504,174 26% 14% 25% 43% 19% 81%
2019 4 25,244 $12,977,940,620 $514,100 28% 14% 28% 39% 20% 80%
2020 1 29,141 $15,700,098,779 $538,763 26% 15% 28% 40% 18% 82%
2020 2 28,602 $15,368,708,504 $537,330 26% 15% 27% 41% 18% 82%
2020 3 28,335 $15,344,491,297 $541,538 25% 15% 30% 39% 17% 83%
2020 4 31,070 $16,853,561,725 $542,438 25% 15% 32% 38% 16% 84%
2021 1 35,442 $18,187,912,093 $513,174 21% 23% 23% 40% 14% 86%
2021 2 36,548 $19,837,527,015 $542,780 21% 22% 22% 42% 12% 88%
2021 3 35,831 $20,558,636,564 $573,767 23% 18% 23% 43% 14% 86%
2021 4 38,160 $22,638,426,110 $593,250 25% 14% 27% 42% 16% 84%
2022 1 40,098 $24,115,142,335 $601,405 27% 14% 26% 41% 17% 83%
2022 2 39,422 $24,602,349,728 $624,077 26% 13% 25% 43% 17% 83%
2022 3 35,691 $21,973,816,059 $615,668 26% 13% 24% 44% 17% 83%
2022 4 36,896 $22,530,982,126 $610,662 27% 11% 29% 42% 17% 83%
2023 1 36,156 $21,531,437,869 $595,515 27% 12% 29% 41% 18% 82%
2023 2 33,449 $20,074,377,882 $600,149 27% 11% 31% 39% 18% 82%
2023 3 32,444 $19,409,867,530 $598,258 28% 12% 31% 38% 17% 83%
2023 4 37,270 $22,437,575,557 $602,028 29% 11% 33% 37% 18% 82%
2024 1 34,517 $20,882,919,747 $605,004 30% 12% 30% 38% 19% 81%
2024 2 33,867 $21,132,159,361 $623,975 30% 12% 28% 38% 19% 80%
2024 3 32,318 $20,318,157,274 $628,695 31% 12% 27% 39% 19% 80%
2024 4 36,395 $23,314,816,089 $640,605 32% 12% 26% 39% 21% 79%
2025 1 37,202 $24,183,546,844 $650,060 32% 11% 26% 39% 21% 78%
2025 2 37,426 $25,235,764,797 $674,284 33% 11% 24% 40% 21% 79%
2025 3 35,686 $24,082,889,294 $674,855 33% 12% 20% 42% 20% 79%
2025 4 40,810 $27,682,783,533 $678,333 34% 12% 19% 42% 21% 78%
2026 1 43,799 $30,590,907,820 $698,438 36% 11% 17% 42% 22% 77%
2026 2 43,501 $31,553,347,309 $725,348 35% 13% 16% 42% 24% 75%
2026 3 40,784 $29,542,025,350 $724,353 35% 12% 15% 43% 24% 75%
2026 4 38,583 $28,063,140,640 $727,345 34% 12% 16% 44% 25% 74%
4
Big 4 Banks & their Associated Brands
vs Non Major Lender market share
Table 2
Lodgement
Investment
Volume
First Home
Buyers Volume
Refinance
Volume
Upgrader
Volume
Interest Only
Volume
Principal &
Interest Volume
Fiscal
Fiscal
Quarter
Major
Non-
Major
Major
Non-
Major
Major
Non-
Major
Major
Non-
Major
Major
Non-
Major
Major
Non-
Major
Major
Non-
Major
2016 4 70.9% 29.1% 73.9% 26.1% 72.2% 27.8% 66.2% 33.8% 73.4% 26.6% 75.0% 25.0% 67.3% 32.7%
2017 1 71.1% 28.9% 74.4% 25.6% 77.0% 23.0% 65.4% 34.6% 73.4% 26.6% 75.6% 24.4% 67.4% 32.6%
2017 2 65.2% 34.8% 68.4% 31.6% 68.3% 31.7% 58.2% 41.8% 69.0% 31.0% 69.8% 30.2% 61.3% 38.7%
2017 3 65.6% 34.4% 67.3% 32.7% 70.2% 29.8% 58.0% 42.0% 69.4% 30.6% 69.0% 31.0% 62.8% 37.2%
2017 4 64.7% 35.3% 68.5% 31.5% 70.0% 30.0% 57.5% 42.5% 66.0% 34.0% 62.6% 37.4% 65.7% 34.3%
2018 1 64.3% 35.7% 68.9% 31.1% 68.0% 32.0% 57.6% 42.4% 64.2% 35.8% 58.3% 41.7% 65.9% 34.1%
2018 2 64.1% 35.9% 66.5% 33.5% 69.5% 30.5% 57.5% 42.5% 64.3% 35.7% 63.5% 36.5% 64.3% 35.7%
2018 3 63.2% 36.8% 65.0% 35.0% 67.6% 32.4% 58.9% 41.1% 63.2% 36.8% 65.0% 35.0% 62.9% 37.1%
2018 4 59.2% 40.8% 57.2% 42.8% 68.4% 31.6% 54.1% 45.9% 59.9% 40.1% 59.5% 40.5% 59.3% 40.7%
2019 1 59.7% 40.3% 57.1% 42.9% 68.2% 31.8% 55.4% 44.6% 60.5% 39.5% 57.8% 42.2% 60.2% 39.8%
2019 2 57.9% 42.1% 56.5% 43.5% 67.8% 32.2% 53.1% 46.9% 58.1% 41.9% 57.4% 42.6% 58.1% 41.9%
2019 3 58.6% 41.4% 56.5% 43.5% 68.2% 31.8% 53.1% 46.9% 59.6% 40.4% 60.2% 39.8% 58.4% 41.6%
2019 4 57.6% 42.4% 56.2% 43.8% 65.5% 34.5% 51.5% 48.5% 59.0% 41.0% 55.4% 44.6% 58.3% 41.7%
2020 1 54.0% 46.0% 50.1% 49.9% 65.1% 34.9% 45.0% 55.0% 57.1% 42.9% 47.5% 52.5% 55.5% 44.5%
2020 2 53.1% 46.9% 48.2% 51.8% 64.0% 36.0% 46.7% 53.3% 55.2% 44.8% 44.8% 55.2% 55.0% 45.0%
2020 3 59.5% 40.5% 54.0% 46.0% 61.7% 38.3% 61.0% 39.0% 60.6% 39.4% 52.5% 47.5% 61.1% 38.9%
2020 4 66.8% 33.2% 64.4% 35.6% 66.9% 33.1% 71.1% 28.9% 65.7% 34.3% 62.2% 37.8% 67.7% 32.3%
2021 1 58.9% 41.1% 54.6% 45.4% 63.9% 36.1% 58.1% 41.9% 58.9% 41.1% 54.6% 45.4% 59.6% 40.4%
2021 2 58.7% 41.3% 54.6% 45.4% 65.0% 35.0% 58.0% 42.0% 57.5% 42.5% 54.4% 45.6% 59.4% 40.6%
2021 3 57.1% 42.9% 51.6% 48.4% 62.0% 38.0% 58.1% 41.9% 56.9% 43.1% 51.8% 48.2% 58.1% 41.9%
2021 4 59.3% 40.7% 54.6% 45.4% 64.8% 35.2% 61.1% 38.9% 59.3% 40.7% 54.0% 46.0% 60.3% 39.7%
2022 1 57.3% 42.7% 53.4% 46.6% 65.8% 34.2% 53.1% 46.9% 58.7% 41.3% 53.3% 46.7% 58.2% 41.8%
2022 2 53.5% 46.5% 51.9% 48.1% 63.9% 36.1% 47.3% 52.7% 54.5% 45.5% 52.2% 47.8% 53.9% 46.1%
2022 3 50.8% 49.2% 49.3% 50.7% 60.2% 39.8% 43.9% 56.1% 51.9% 48.1% 50.4% 49.6% 50.9% 49.1%
2022 4 56.4% 43.6% 50.1% 49.9% 66.5% 33.5% 52.3% 47.7% 58.0% 42.0% 49.7% 50.3% 57.2% 42.8%
2023 1 60.8% 39.2% 56.2% 43.8% 68.9% 31.1% 57.5% 42.5% 62.9% 37.1% 54.4% 45.6% 62.2% 37.8%
2023 2 59.6% 40.4% 57.3% 42.7% 66.6% 33.4% 57.3% 42.7% 60.2% 39.8% 59.0% 41.0% 59.7% 40.3%
2023 3 61.8% 38.2% 60.8% 39.2% 67.2% 32.8% 59.5% 40.5% 62.3% 37.7% 62.4% 37.6% 61.7% 38.3%
2023 4 60.4% 39.6% 62.2% 37.8% 64.6% 35.4% 59.3% 40.7% 59.1% 40.9% 62.3% 37.7% 59.9% 40.1%
2024 1 57.5% 42.5% 56.7% 43.3% 67.2% 32.8% 52.9% 47.1% 57.9% 42.1% 56.5% 43.5% 57.8% 42.2%
2024 2 60.2% 39.8% 60.3% 39.7% 71.9% 28.1% 55.1% 44.9% 60.1% 39.9% 59.3% 40.7% 60.6% 39.4%
2024 3 61.7% 38.3% 60.6% 39.4% 70.6% 29.4% 58.5% 41.5% 61.7% 38.3% 63.7% 36.3% 61.3% 38.7%
2024 4 57.2% 42.8% 57.2% 42.8% 66.5% 33.5% 53.4% 46.6% 56.7% 43.3% 58.5% 41.5% 56.8% 43.2%
2025 1 55.9% 44.1% 55.7% 44.3% 67.3% 32.7% 50.7% 49.3% 56.0% 44.0% 56.0% 44.0% 55.9% 44.1%
2025 2 61.0% 39.0% 57.5% 42.5% 70.6% 29.4% 57.8% 42.2% 62.4% 37.6% 56.8% 43.2% 62.1% 37.9%
2025 3 59.9% 40.1% 57.9% 42.1% 69.3% 30.7% 56.4% 43.6% 60.2% 39.8% 58.5% 41.5% 60.3% 39.7%
2025 4 59.7% 40.3% 57.1% 42.9% 68.6% 31.4% 55.5% 44.5% 60.8% 39.2% 56.9% 43.1% 60.5% 39.5%
2026 1 59% 41% 57% 43% 67% 33% 57% 43% 60% 40% 57% 44% 60% 40%
2026 2 59% 41% 56% 44% 73% 28% 57% 43% 59% 42% 55% 45% 60% 40%
2026 3 60% 40% 57% 43% 72% 28% 56% 44% 60% 40% 56% 44% 61% 39%
2026 4 58% 42% 54% 46% 72% 28% 52% 48% 60% 40% 55% 46% 59% 41%
* Big 4 Banks & their associated brands includes: CBA & Bankwest, Westpac & St George & Bank SA & Bank of Melbourne, NAB & UBank, ANZ & Suncorp (as of August 2024)
5
Total lodgement volume
Table 3
Fiscal
Fiscal
Quarter
National NSW NT QLD SA VIC WA
2016 4 $14,492,569,632 $5,290,743,282 $97,762,354 $2,429,809,118 $791,840,063 $3,878,131,520 $2,004,283,296
2017 1 $15,124,154,412 $5,470,285,452 $84,174,287 $2,605,711,215 $800,951,939 $4,229,823,532 $1,933,207,986
2017 2 $14,979,398,027 $5,426,003,273 $87,187,718 $2,505,307,678 $773,351,604 $4,398,741,172 $1,788,806,582
2017 3 $14,150,343,319 $5,090,364,411 $87,970,635 $2,368,574,830 $749,783,201 $4,240,682,427 $1,612,967,814
2017 4 $14,551,070,209 $5,232,634,409 $51,531,037 $2,437,424,105 $770,982,709 $4,443,174,978 $1,615,322,970
2018 1 $14,948,327,171 $5,249,369,845 $71,240,391 $2,387,991,140 $760,134,506 $4,919,302,623 $1,560,288,667
2018 2 $14,813,114,159 $5,135,582,112 $76,497,858 $2,379,070,453 $757,818,346 $4,897,925,624 $1,566,219,765
2018 3 $13,794,277,704 $4,768,022,797 $83,500,004 $2,169,351,235 $695,742,174 $4,562,932,102 $1,514,729,392
2018 4 $14,542,901,956 $4,945,079,005 $44,071,649 $2,363,033,867 $740,025,134 $4,995,095,503 $1,455,596,797
2019 1 $14,163,790,155 $4,793,252,745 $62,523,577 $2,315,756,324 $750,066,146 $4,701,475,068 $1,540,716,295
2019 2 $12,967,945,442 $4,233,005,993 $58,969,782 $2,172,935,808 $701,327,836 $4,290,552,719 $1,511,153,304
2019 3 $11,613,654,328 $3,826,801,444 $56,350,344 $1,939,666,136 $652,995,108 $3,815,804,776 $1,322,036,519
2019 4 $12,977,940,620 $4,375,771,934 $51,732,776 $2,043,286,038 $729,805,145 $4,417,355,877 $1,359,988,850
2020 1 $15,700,098,779 $5,557,109,383 $49,180,869 $2,553,060,036 $785,196,149 $5,158,250,291 $1,597,302,050
2020 2 $15,368,708,504 $5,286,206,957 $66,968,715 $2,524,588,299 $817,886,850 $5,095,685,809 $1,577,371,875
2020 3 $15,344,491,297 $5,020,785,237 $53,037,994 $2,550,200,816 $779,188,767 $5,371,437,553 $1,569,840,930
2020 4 $16,853,561,725 $5,922,253,031 $69,845,602 $2,735,081,395 $883,758,855 $5,426,637,030 $1,815,985,812
2021 1 $18,187,912,093 $6,224,279,577 $48,487,810 $3,343,105,728 $1,031,077,355 $5,358,986,630 $2,181,974,993
2021 2 $19,837,527,015 $6,423,867,863 $43,489,534 $3,598,556,919 $1,026,932,438 $6,285,275,987 $2,459,404,273
2021 3 $20,558,636,564 $7,017,777,663 $45,770,750 $3,491,745,410 $1,046,175,670 $6,687,012,511 $2,270,154,560
2021 4 $22,638,426,110 $7,870,893,263 $41,114,893 $3,676,105,762 $1,122,201,319 $7,540,025,348 $2,388,085,526
2022 1 $24,115,142,335 $8,447,385,894 $55,538,862 $4,120,392,635 $1,245,527,275 $7,809,630,948 $2,436,666,721
2022 2 $24,602,349,728 $8,321,222,700 $46,630,392 $4,215,429,085 $1,266,884,856 $8,197,665,164 $2,554,517,532
2022 3 $21,973,816,059 $7,329,430,027 $26,567,771 $3,954,718,871 $1,158,491,913 $6,986,096,136 $2,518,511,340
2022 4 $22,530,982,126 $7,372,854,556 $25,521,644 $3,907,275,929 $1,261,941,344 $7,528,003,746 $2,435,384,907
2023 1 $21,531,437,869 $6,994,961,009 $31,548,197 $3,811,788,988 $1,211,848,123 $7,182,670,508 $2,298,621,043
2023 2 $20,074,377,882 $6,404,890,095 $30,229,707 $3,388,230,122 $1,224,558,929 $6,697,604,822 $2,328,864,207
2023 3 $19,409,867,530 $6,201,581,990 $39,660,075 $3,494,259,475 $1,153,951,233 $6,255,551,955 $2,264,862,802
2023 4 $22,437,575,557 $7,252,899,507 $25,883,429 $3,861,045,027 $1,361,058,361 $7,364,106,247 $2,572,582,986
2024 1 $20,882,919,747 $6,741,066,376 $30,800,503 $3,776,231,618 $1,245,837,898 $6,829,752,548 $2,259,230,804
2024 2 $21,132,159,361 $6,565,631,430 $34,006,441 $3,799,705,580 $1,332,488,824 $6,891,166,307 $2,509,160,779
2024 3 $20,318,157,274 $6,441,181,223 $15,421,016 $3,859,568,772 $1,306,770,098 $6,276,772,638 $2,418,443,528
2024 4 $23,314,816,089 $7,643,510,179 $13,972,187 $4,331,408,273 $1,446,443,034 $6,928,605,540 $2,950,876,876
2025 1 $24,183,546,844 $7,856,437,915 $15,309,694 $4,703,260,136 $1,601,322,697 $6,996,170,992 $3,011,045,410
2025 2 $25,235,764,797 $8,296,533,814 $19,453,742 $4,612,191,047 $1,643,423,372 $7,376,572,240 $3,287,590,582
2025 3 $24,082,889,294 $7,709,140,576 $16,735,805 $4,577,774,876 $1,542,255,359 $7,056,567,778 $3,180,414,899
2025 4 $27,682,783,533 $8,881,806,983 $20,990,398 $5,260,120,373 $1,709,601,653 $8,135,406,177 $3,674,857,949
2026 1 $30,590,907,820 $9,969,723,283 $23,936,176 $5,641,285,112 $1,994,513,693 $8,942,265,695 $4,019,183,860
2026 2 $31,553,347,309 $9,916,425,624 $26,443,524 $5,897,516,197 $2,012,693,649 $9,180,162,835 $4,520,105,479
2026 3 $29,542,025,350 $9,447,383,777 $23,212,175 $5,455,531,319 $1,942,605,396 $8,486,918,644 $4,186,374,039
2026 4 $28,063,140,640 $8,721,350,030 $31,776,800 $5,167,726,641 $1,845,064,236 $8,086,765,209 $4,210,457,725
6
Average mortgage size in dollars
Table 4
Fiscal
Fiscal
Quarter
National NSW NT QLD SA VIC WA
2016 4 $477,357 $591,607 $407,343 $398,722 $378,509 $455,287 $448,085
2017 1 $479,037 $596,802 $408,613 $400,324 $378,701 $458,567 $444,211
2017 2 $487,262 $602,555 $384,087 $403,301 $378,167 $476,415 $444,977
2017 3 $487,304 $602,196 $418,908 $403,987 $385,097 $476,321 $440,461
2017 4 $484,132 $593,673 $393,367 $408,621 $378,118 $473,333 $434,227
2018 1 $490,576 $596,994 $397,991 $411,936 $388,617 $481,765 $441,383
2018 2 $499,212 $611,597 $460,830 $416,577 $389,024 $494,990 $440,444
2018 3 $497,575 $602,784 $444,149 $417,987 $397,794 $493,237 $440,969
2018 4 $503,825 $608,400 $393,497 $426,617 $397,649 $502,323 $443,644
2019 1 $508,227 $624,040 $390,772 $423,976 $407,645 $508,377 $442,989
2019 2 $508,049 $618,047 $409,512 $449,046 $395,337 $504,178 $443,283
2019 3 $504,174 $619,725 $405,398 $440,733 $407,867 $498,407 $431,615
2019 4 $514,100 $626,184 $413,862 $444,193 $402,318 $511,623 $441,125
2020 1 $538,763 $665,761 $413,285 $459,680 $414,570 $529,649 $457,942
2020 2 $537,330 $657,080 $426,552 $458,266 $432,059 $539,397 $444,205
2020 3 $541,538 $662,373 $438,331 $461,324 $426,019 $545,047 $458,750
2020 4 $542,438 $678,379 $396,850 $462,554 $420,037 $539,266 $444,659
2021 1 $513,174 $663,428 $375,874 $440,462 $397,792 $509,652 $416,885
2021 2 $542,780 $694,247 $443,771 $465,170 $418,132 $543,662 $451,764
2021 3 $573,767 $727,231 $423,803 $491,242 $442,545 $569,156 $467,880
2021 4 $593,250 $753,845 $419,540 $499,675 $450,502 $594,030 $470,096
2022 1 $601,405 $754,029 $478,783 $522,760 $461,991 $601,481 $467,063
2022 2 $624,077 $771,126 $480,726 $539,402 $497,794 $635,182 $484,912
2022 3 $615,668 $764,039 $442,796 $539,599 $495,294 $621,705 $490,651
2022 4 $610,662 $758,290 $510,433 $543,583 $500,373 $610,197 $479,784
2023 1 $595,515 $725,694 $463,944 $538,084 $502,216 $597,709 $465,779
2023 2 $600,149 $738,401 $479,837 $536,537 $507,484 $602,194 $478,993
2023 3 $598,258 $738,284 $535,947 $546,490 $506,119 $592,214 $478,526
2023 4 $602,028 $727,545 $507,518 $553,317 $523,484 $597,542 $481,036
2024 1 $605,004 $717,822 $504,926 $562,190 $514,596 $610,399 $476,832
2024 2 $623,975 $747,113 $618,299 $570,269 $527,509 $631,985 $508,854
2024 3 $628,695 $740,025 $571,149 $579,515 $544,942 $636,267 $518,534
2024 4 $640,605 $758,510 $481,800 $596,284 $542,552 $637,465 $537,500
2025 1 $650,060 $761,504 $493,861 $618,037 $568,652 $635,207 $556,159
2025 2 $674,284 $804,629 $511,941 $620,085 $590,734 $660,037 $578,699
2025 3 $674,855 $782,813 $577,097 $634,920 $612,979 $666,657 $578,468
2025 4 $678,333 $778,628 $499,771 $648,597 $606,887 $664,061 $594,349
2026 1 $698,438 $791,562 $569,909 $666,740 $645,892 $680,434 $621,107
2026 2 $725,348 $811,757 $562,628 $701,084 $666,897 $707,800 $661,027
2026 3 $724,353 $807,607 $595,184 $694,000 $663,685 $706,949 $669,391
2026 4 $727,345 $806,189 $512,529 $704,530 $684,879 $693,905 $699,412
7
Loan to value ratios (LVR)
Table 5
Fiscal
Fiscal
Quarter
National NSW NT QLD SA VIC WA
2016 4 69.2% 66.1% 66.4% 70.0% 70.2% 72.1% 70.5%
2017 1 69.5% 66.2% 67.9% 70.0% 70.6% 71.0% 71.6%
2017 2 69.5% 65.5% 68.1% 69.6% 70.3% 71.9% 71.4%
2017 3 69.2% 65.4% 67.3% 68.9% 70.9% 71.6% 71.1%
2017 4 67.6% 64.0% 62.7% 68.1% 69.9% 70.8% 70.0%
2018 1 68.5% 64.5% 65.5% 68.9% 68.9% 70.8% 72.3%
2018 2 68.4% 64.5% 65.9% 68.5% 70.7% 69.4% 71.2%
2018 3 68.4% 63.8% 66.1% 69.3% 70.9% 68.9% 71.2%
2018 4 68.0% 63.6% 65.9% 69.1% 69.6% 68.6% 71.1%
2019 1 67.8% 65.0% 62.2% 68.9% 70.1% 68.6% 72.1%
2019 2 68.4% 65.0% 66.8% 69.3% 69.5% 68.0% 71.9%
2019 3 68.4% 65.3% 64.0% 69.7% 70.1% 69.1% 72.0%
2019 4 69.5% 65.9% 69.8% 69.5% 70.1% 69.6% 71.9%
2020 1 70.3% 67.4% 71.8% 70.1% 70.3% 70.3% 71.9%
2020 2 69.8% 67.3% 66.8% 70.1% 71.3% 70.5% 72.7%
2020 3 70.3% 67.7% 69.4% 70.5% 70.8% 70.3% 72.8%
2020 4 70.1% 68.2% 65.9% 71.8% 70.6% 71.1% 72.7%
2021 1 72.3% 69.2% 70.3% 73.5% 73.3% 72.1% 75.3%
2021 2 73.5% 69.5% 77.2% 73.4% 72.0% 72.8% 76.1%
2021 3 72.2% 68.7% 74.9% 72.0% 71.3% 71.6% 74.3%
2021 4 69.6% 67.1% 68.0% 69.8% 69.7% 69.3% 73.5%
2022 1 69.4% 66.1% 68.9% 69.1% 70.0% 69.0% 73.4%
2022 2 68.7% 64.5% 71.5% 67.0% 68.2% 68.2% 72.6%
2022 3 66.8% 64.0% 67.4% 63.9% 67.2% 66.9% 71.3%
2022 4 65.4% 61.9% 67.1% 62.6% 64.7% 65.6% 70.7%
2023 1 65.6% 62.2% 69.5% 63.2% 64.5% 65.3% 69.0%
2023 2 65.4% 62.5% 70.1% 61.7% 64.2% 65.0% 68.6%
2023 3 65.7% 63.7% 69.2% 63.3% 64.6% 65.6% 68.0%
2023 4 65.3% 63.4% 68.3% 62.6% 64.3% 65.7% 67.3%
2024 1 65.5% 63.4% 66.5% 63.0% 65.8% 66.7% 67.7%
2024 2 65.7% 63.6% 67.3% 63.3% 65.7% 67.0% 67.4%
2024 3 65.1% 64.5% 64.1% 63.0% 65.6% 67.4% 66.3%
2024 4 66.6% 64.1% 76.1% 62.4% 64.7% 67.3% 65.2%
2025 1 64.3% 63.4% 64.6% 62.3% 64.4% 66.7% 64.5%
2025 2 64.7% 64.4% 66.2% 62.8% 63.8% 67.7% 63.2%
2025 3 64.9% 64.7% 68.8% 61.8% 63.8% 67.9% 62.5%
2025 4 63.1% 64.6% 58.8% 61.9% 62.8% 68% 62.7%
2026 1 65% 65% 71% 61% 64% 68% 63%
2026 2 65% 65% 67% 63% 64% 69% 64%
2026 3 64% 65% 64% 60% 63% 68% 61%
2026 4 63% 63% 68% 59% 63% 68% 60%
8
Lender product type
Table 6
Fiscal
Fiscal
Quarter
Basic Variable Equity Fixed Intro Standard Variable
2016 4 8.3% 2.5% 18.7% 3.6% 67.0%
2017 1 8.5% 2.7% 16.2% 6.1% 66.4%
2017 2 10.8% 2.4% 16.7% 5.0% 65.1%
2017 3 9.7% 2.0% 18.3% 4.7% 65.4%
2017 4 8.9% 1.7% 24.0% 2.3% 63.1%
2018 1 8.3% 1.1% 26.4% 2.5% 61.6%
2018 2 9.3% 1.0% 21.8% 3.6% 64.3%
2018 3 10.1% 0.8% 19.6% 5.0% 64.5%
2018 4 10.6% 0.6% 15.6% 5.2% 67.9%
2019 1 11.4% 0.5% 18.9% 5.0% 64.2%
2019 2 10.5% 0.5% 23.1% 2.8% 63.1%
2019 3 9.5% 0.4% 22.4% 2.6% 65.1%
2019 4 9.1% 0.4% 22.2% 2.7% 65.7%
2020 1 10.2% 0.4% 14.6% 2.1% 72.7%
2020 2 12.3% 0.3% 14.1% 1.0% 72.2%
2020 3 14.4% 0.3% 14.5% 0.9% 69.9%
2020 4 9.0% 0.3% 31.3% 0.6% 58.8%
2021 1 9.5% 0.2% 29.2% 1.0% 60.2%
2021 2 8.1% 0.1% 29.3% 2.7% 59.8%
2021 3 6.4% 0.1% 34.1% 1.8% 57.5%
2021 4 5.6% 0.2% 38.0% 1.6% 54.5%
2022 1 5.6% 0.2% 38.2% 1.6% 54.4%
2022 2 7.6% 0.1% 34.0% 1.3% 57.1%
2022 3 15.1% 0.1% 20.0% 0.1% 64.7%
2022 4 20.1% 0.1% 7.7% 2.6% 69.5%
2023 1 24.4% 0.1% 3.6% 4.2% 67.6%
2023 2 22.3% 0.1% 4.8% 3.4% 69.4%
2023 3 19.1% 0.1% 5.6% 2.9% 72.3%
2023 4 13.6% 0.1% 8.0% 1.6% 76.7%
2024 1 13.1% 0.1% 4.8% 0.8% 81.2%
2024 2 11.3% 0.1% 2.3% 0.2% 86.1%
2024 3 10.7% 0.1% 1.6% 0.2% 87.5%
2024 4 10.6% 0.0% 2.3% 0.2% 86.9%
2025 1 10.7% 0.1% 3.0% 0.1% 86.1%
2025 2 9.0% 0.0% 4.6% 0.1% 86.0%
2025 3 9.8% 0.1% 3.3% 0.2% 86.0%
2025 4 9.5% 0.1% 2.3% 0.1% 87.2%
2026 1 9.3% 0.1% 1.8% 0.1% 88.1%
2026 2 8.4% 0.1% 3.2% 0.1% 87.8%
2026 3 7.4% 0.1% 5.4% 0.0% 86.5%
2026 4 7.5% 0.1% 3.8% 0.0% 87.5%
Share your feedback
Discover