Housing finance is sitting above decade averages in almost every area of Australia.

CommSec’s State of the States report says it is up by 37.8% in Western Australia, 32.3% in Queensland, 19.7% in South Australia, 14.6% in Victoria, 13.9% in NSW, 8.6% in Tasmania and 2.7% in the ACT. It is down by 7.1% in the Northern Territory.

PEXA’s latest Mortgage Insights Report says a total of 509,955 new property-related loans were issued in FY2024, a 6% per cent increase on the previous year while refinancing was down by 11.9%.

ABS monthly lending figures show investors are continuing to charge into the market. June lending indicators data show the total value of new investor loans was 30.2% year on year.

Brisbane’s median house price has been growing for the last year by $300 - $500 a day. And when the RBA starts cutting rates it is going create another wave. 

If you are looking for ways to maximise your purchasing power now so you beat the wave then you can either:

1) Book a call with me for a Free Maximiser session  Click here to go straight to my calendar to make a time; or

2) Get started today with a Finance Review.  Click here to get started