In September 2023, New South Wales had the highest estimated monthly mortgage repayments on new home loans for existing property, with an average monthly repayment of 4,918 Australian dollars. Australia's Northern Territory had the lowest estimated monthly mortgage repayment value on new home loans for existing property.
Estimated monthly repayments on an average new home loan for existing property in Australia in September 2023
(in Australian dollars)
Characteristic
Estimated monthly repayments in Australian dollars
Note: values are estimated and do not take into account all fees and charges. Values are based on a loan repayment on principal and interest, paid monthly over 30 years at an interest rate of 6.67%.
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Canstar Blue. (November 7, 2023). Estimated monthly repayments on an average new home loan for existing property in Australia in September 2023 (in Australian dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1358165/australia-estimated-monthly-mortgage-repayments-for-existing-property/
Canstar Blue. "Estimated monthly repayments on an average new home loan for existing property in Australia in September 2023 (in Australian dollars)." Chart. November 7, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1358165/australia-estimated-monthly-mortgage-repayments-for-existing-property/
Canstar Blue. (2023). Estimated monthly repayments on an average new home loan for existing property in Australia in September 2023 (in Australian dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1358165/australia-estimated-monthly-mortgage-repayments-for-existing-property/
Canstar Blue. "Estimated Monthly Repayments on An Average New Home Loan for Existing Property in Australia in September 2023 (in Australian Dollars)." Statista, Statista Inc., 7 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1358165/australia-estimated-monthly-mortgage-repayments-for-existing-property/
Canstar Blue, Estimated monthly repayments on an average new home loan for existing property in Australia in September 2023 (in Australian dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1358165/australia-estimated-monthly-mortgage-repayments-for-existing-property/ (last visited November 10, 2024)
Estimated monthly repayments on an average new home loan for existing property in Australia in September 2023 (in Australian dollars) [Graph], Canstar Blue, November 7, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1358165/australia-estimated-monthly-mortgage-repayments-for-existing-property/