Australian Capital Territory June 2004 March 2004 June 2003
Home Loan Affordability Indicator (HLAI) 46.2 48.1 54.9
Proportion of family income devoted to meeting average loan repayments 21.7% 20.8% 18.2%
Median weekly family income $1,767 $1,776 $1,749
Average monthly loan repayment $1,659 $1,601 $1,380
Average Loan $237,255 $228,929 $206,751
Total number of loans 1,366 1,385 1,969
Standard variable bank interest rate 6.98% 6.96% 6.50%
Bank fixed interest rate 6.97% 6.99% 6.04%
Quarterly median house price (Canberra) $361,500 $370,800 $305,000
Quarterly average vacancy rate (Canberra) 4.3% 3.6% 3.5%
Australia June 2004 March 2004 June 2003
Home Loan Affordability Indicator (HLAI) 30.9 32.6 35.8
Proportion of family income devoted to meeting average loan repayments 32.3% 30.7% 27.9%
Median weekly family income $1,065 $1,065 $1,035
Average monthly loan repayment $1,493 $1,417 $1,252
Average loan $213,515 $202,545 $187,542
Total number of loans 103,149 101,318 121,666
Standard variable bank interest rate 6.98% 6.96% 6.50%
Bank fixed interest rate 6.97% 6.99% 6.04%
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