Australian Housing Dynamics and Affordability
AUSTRALIAN HOUSING
LOW LEVELS OF HIGH LVR LENDING - ISOLATED NEGATIVE EQUITY¹
%
ADIS' HIGH LVR LOANS¹
Share of new loan approvals
Total
Owner-occupier
LOANS IN NEGATIVE EQUITY²
Share of balances, February 2019
%
Investor
%
%
By state (RHS)
30
15
0
%
LVR > 90
80 LVR ≤ 90
2012
+
30
3
15
2
1
16
August 2018
12
0
2018
2012
2018
2012
2018
0
AUS
SA
VIC & NSW &
TAS
ACT
QLD
WA &
NT
Sources: APRA: RBA
CURRENT DYNAMIC LVR DISTRIBUTION¹
Share of balances, February 2019
Positive equity
1.5
February 2018
1.0
0.5
25
50
75
LVR
100
%
1.5
1.0
0.5
Negative equity
125
0.0
150
Loan balances adjusted for redraw and offset account balances:
property prices estimated using SA3 price indices
Sources: ABS: CoreLogic: RBA: Securitisation System
Sources: 1. RBA. Financial Stability Review, April 2019. 2. RBA. Financial Stability Review, October 2019
Sources: ABS; CoreLogic; RBA; Securitisation System
8
4
ANZ
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