Beruflich Dokumente
Kultur Dokumente
30 May 2013
For further Information contact: Shane Garrett, HIA Senior Economist on 0416 633 261 For copies of the publication (media only) please contact: Kirsten Lewis on k.lewis@hia.com.au or 02 6245 1393
65.0
60.0 55.0 50.0 45.0 40.0 35.0 30.0
M08
J08
S08
D08 M09
J09
S09
D09 M10
TOTAL
J10
S10
D10 M11
J11
OTHER
S11
D11 M12
J12
S12
D12 M13
CAPITALS
Interest Rate %pa 7.12% 7.08% 7.05% 6.80% 6.67% 6.40% 6.03% 5.82% 5.67%
Monthly Mortgage Repayment $ 3,008 3,006 3,007 2,972 2,834 2,812 2,686 2,633 2,604
Average Weekly Earnings* $ 67,059 67,943 68,832 69,217 70,008 70,158 70,158 72,592 72,592
Qualifying Income $ 120,320 120,257 120,281 118,886 113,358 112,468 107,442 105,315 104,145
Affordability Multiple 1.79 1.77 1.75 1.72 1.62 1.60 1.53 1.45 1.43
Affordability Index 55.7 56.5 57.2 58.2 61.8 62.4 65.3 68.9 69.7
WA Rest of State
59.7 59.9 62.5 64.6 67.1 72.6 72.1
SA Rest of State
71.1 67.9 73.8 73.8 77.9 82.6 82.7
Melbourne
53.7 56.2 60.3 59.4 61.6 64.1 67.1
Brisbane
56.8 61.7 65.5 64.3 68.0 72.3 76.8
Perth
58.4 60.8 59.7 62.6 64.2 68.2 66.4
Adelaide
63.6 63.3 66.1 70.0 71.1 76.2 73.1
Hobart
68.8 71.0 73.1 73.2 78.4 83.5 80.3
All
57.4 60.9 65.4 67.7 71.3 74.0 75.9
AFFORDABILITY MULTIPLE*
NSW Sydney
Sep Qtr 11 Dec Qtr 11 Mar Qtr 12 Jun Qtr 12 Sep Qtr 12 Dec Qtr 12 Mar Qtr 13 2.00 1.98 2.00 1.93 1.84 1.75 1.73
WA Rest of State
1.68 1.67 1.60 1.55 1.49 1.38 1.39
SA Rest of State
1.41 1.47 1.35 1.36 1.28 1.21 1.21
Melbourne
1.86 1.78 1.66 1.68 1.62 1.56 1.49
Brisbane
1.76 1.62 1.53 1.56 1.47 1.38 1.30
Perth
1.71 1.65 1.67 1.60 1.56 1.47 1.51
Adelaide
1.57 1.58 1.51 1.43 1.41 1.31 1.37
Hobart
1.45 1.41 1.37 1.37 1.28 1.20 1.25
All
1.74 1.64 1.53 1.48 1.40 1.35 1.32
WA Rest of State
2,528 2,541 2,491 2,399 2,307 2,212 2,228
SA Rest of State
2,713 2,815 2,577 2,582 2,446 2,417 2,417
Melbourne
3,335 3,260 3,078 3,090 2,983 2,937 2,808
Brisbane
3,311 3,078 2,965 3,008 2,842 2,770 2,608
Perth
3,457 3,288 3,331 3,184 3,105 3,064 3,148
Adelaide
2,645 2,651 2,555 2,428 2,391 2,315 2,411
Hobart
2,334 2,280 2,235 2,260 2,111 2,020 2,101
All
3,467 3,288 3,095 3,074 2,922 2,876 2,804
* Number of average full time adult wages required to affordably service a mortgage on median priced dwelling.
NOTE: In 2010 the HIA Economics Group implemented a number of modifications to the HIACommonwealth Bank Housing Affordability Index to enable more accurate evaluation of housing affordability in Australia. As a result of the amended methods the Index has been rebased, therefore values in this report are not directly comparable with editions prior to the September 2010 quarter report. Further information about the index methodology can be obtained from the HIA Economics Group website at http://economics.hia.com.au/publications/hia_cba_affordability_report.aspx
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