Você está na página 1de 4

NATIONAL

MORTGAGES UP 15% IN 2012 BUT FIRST HOME BUYERS DESERT


NSW AND QLD
15 January 2013
The volume of mortgages arranged increased by 15% in 2012 over 2011 according
to AFG, Australias largest mortgage broker. AFGs Mortgage Index, published
today, shows that the total volume of mortgages arranged by the aggregator was
$32 billion, compared to $28 billion the year before. AFG has approximately 10%
the total national mortgage market (Source: ABS and AFG data). AFGs 15%
increase may be in part due to improved market share as well as overall market
growth.
Figures for December show that the mortgage market is becoming a tale of two
seaboards with investors dominating the NSW and QLD markets. Home loans for
investors comprised 46.3% and 35.9% of all home loans arranged in the two states
respectively. The reason for this was that the average long term share of home
loans arranged for First Home Buyers, usually between 12% - 15%, collapsed to
just 4.2% in NSW and 4.5% in QLD during the last two months of 2012, after first
home buyers grants were withdrawn in both states (except for new housing).
Meantime in WA, First Home Buyers comprised 23.2% of all new home loans in
December, while investors took up 30.5% of mortgages. Strong migration,
escalating rents, improving property values and low interest rates are encouraging
many onto the WA property ladder.
Mark Hewitt, General Manager of Sales and Operations says:
As we enter a new year, the mortgage market is in need of two dynamics: more
competition and greater consumer confidence. It is still the case that just four
institutions account for nearly nine out of every ten mortgages arranged in
Australia. That level of concentration doesnt serve consumers well. Its also
pretty well established that despite strong employment levels, low interest rates
and greater savings, many people simply dont feel sufficiently confident in our
economy to buy their first home, upgrade or invest. This is particularly the case for
first time buyers of established housing and more needs to be done to encourage
younger people into buying their first home.
Fixed home loans fell to 18.7% from 21.6% of new mortgages in December as the
majority of borrowers see the likely future trend of interest rates as going down.
Figures for each state are available at: www.afgonline.com.au: In the news.

ENDS
CONTACT DETAILS
Mark Hewitt, AFG General Manager Sales & Operations

Mob 0414 801 251 | Tel (08) 9420 7888

David Michie, Mosaic Reputation Management

Tel

(08) 9381 4494 | Mob 0411 453 404

www.afgonline.com.au

AFG MORTGAGES SOLD


TABLE 1: ALL AUSTRALIA
MONTH

TOTAL
NUMBER

TOTAL
AMOUNT

AVERAGE
SIZE

PROPERTY
INVESTORS

FIRST TIME
BUYERS

%
REFINANCE

Oct 11
Nov 11
Dec 11
Jan 12
Feb 12
Mar 12
Apr 12
May 12
June 12
July 12
Aug 12
Sept 12
Oct 12
Nov 12
Dec 12

6,349
7,492
5,576
4,736
7,000
7,254
5,937
7,635
6,690
7,027
7,730
6,882
7,719
7,831
5,912

$2,509 m
$2,970 m
$2,188 m
$1,824 m
$2,806 m
$2,930 m
$2,275 m
$3,005 m
$2,635 m
$2,732 m
$3,071 m
$2,708 m
$3,103 m
$3,094 m
$2,376 m

$395k
$396k
$392k
$385k
$400k
$404k
$383k
$393k
$393k
$388k
$397k
$393k
$402k
$395k
$402k

35.6%
38.4%
37.8%
35.9%
36.5%
35.5%
35.2%
37.1%
37.0%
35.2%
36.4%
35.5%
35.8%
33.9%
38.0%

16.4%
15.8%
15.7%
15.8%
14.9%
15.6%
15.8%
15.8%
15.6%
17.3%
15.9%
13.2%
15.4%
12.9%
12.5%

37.9%
37.8%
36.2%
37.3%
36.6%
37.6%
36.2%
35.8%
39.1%
36.9%
35.4%
35.2%
34.8%
34.9%
36.3%

MAJOR VS NON MAJOR LENDER MARKET SHARE


TABLE 2 : BY BUYER TYPE

MONTH

MAJOR

NONMAJOR

MAJOR

NONMAJOR

FIRST HOME
BUYERS
MAJOR
NONMAJOR

2011 11
2011 12
2012 01
2012 02
2012 03
2012 04
2012 05
2012 06
2012 07
2012 08
2012 09
2012 10
2012 11
2012 12

80.4%
75.7%
79.0%
76.1%
77.1%
78.4%
77.4%
77.2%
77.6%
77.8%
76.0%
77.1%
78.4%
77.4%

19.6%
24.3%
21.0%
23.9%
22.9%
21.6%
22.6%
22.8%
22.4%
22.2%
24.0%
22.9%
21.6%
22.6%

78.9%
71.2%
78.9%
78.7%
78.2%
76.0%
77.6%
77.1%
73.3%
75.9%
75.2%
73.7%
74.0%
74.0%

21.0%
28.8%
21.1%
21.3%
21.8%
24.0%
22.4%
22.9%
26.7%
24.1%
24.8%
26.3%
26.0%
26.0%

71.3%
71.7%
72.6%
70.9%
70.1%
71.4%
67.0%
73.5%
75.1%
74.6%
74.3%
71.7%
74.9%
77.6%

TOTAL MORTGAGES

REFINANCE

www.afgonline.com.au

28.7%
28.3%
27.4%
29.1%
29.9%
28.6%
33.0%
26.5%
24.9%
25.4%
25.7%
28.3%
25.1%
22.4%

INVESTORS
MAJOR

NONMAJOR

82.6%
78.0%
83.1%
82.9%
82.7%
82.8%
82.6%
82.4%
82.0%
81.8%
81.3%
80.9%
80.8%
80.7%

17.4%
21.9%
16.9%
17.7%
17.3%
17.2%
17.4%
17.6%
18.0%
18.2%
18.7%
19.1%
19.2%
19.3%

AVERAGE MORTGAGE SIZE IN DOLL ARS


TABLE 3: STATE BY STATE
MONTH
2011 10
2011 11
2011 12
2012 01
2012 02
2012 03
2012 04
2012 05
2012 06
2012 07
2012 08
2012 09
2012 10
2012 11
2012 12

AUSTRALIA
395,226
396,520
392,559
385,337
400,864
404,003
383,252
393,608
393,913
388,919
397,303
393,625
402,120
395,149
402,060

NSW
447,144
449,942
450,620
437,476
471,690
476,278
438,067
471.848
470,804
441,236
476,061
454,687
478,148
473,172
471,157

QLD
358,142
352,252
361,439
351,966
339,361
352,485
340,197
346,883
348,646
343,672
348,579
347,953
347,026
348,444
340,237

SA
329,566
318,437
325,937
312,596
317,469
333,712
314,486
313,056
303,657
314,866
325,877
304,005
320,793
315,773
310,840

VIC
396,238
400,929
376,570
389,634
409,651
397,739
384,380
379,130
381,493
399,317
385,407
380,811
396,997
379,949
392,193

WA
406,019
418,360
409,917
406,222
421,297
418,589
403,784
412,752
409,099
396,215
402,290
419,076
412,952
403,944
431,685

NT
369,765
376,376
395,489
374,604
382,027
346,622
359,067
345,645
390,389
415,627
373,628
412,581
375,339
365,993
426,906

WA
67.1%
68.7%
69.9%
70.2%
69.8%
69.5%
69.3%
70.7%
70.1%
68.2%
70.7%
73.6%
71.6%
70.8%

NT
64.3%
66.1%
70.9%
66.7%
65.6%
69.8%
68.9%
64.6%
64.6%
66.8%
68.6%
67.1%
64.4%
69.1%

LOAN VALUE RATIOS (loan stated as % of property value)


TABLE 4 : STATE BY STATE

2011 11
2011 12
2012 01
2012 02
2012 03
2012 04
2012 05
2012 06
2012 07
2012 08
2012 09
2012 10
2012 11
2012 12

AUSTRALIA
66.5%
67.5%
68.9%
67.7%
67.6%
67.8%
67.5%
66.9%
67.7%
68.6%
69.0%
70.5%
69.0%
68.5%

NSW
69.7%
69.6%
67.9%
66.7%
67.5%
65.4%
66.1%
67.2%
67.3%
69.1%
68.0%
69.3%
67.5%
66.7%

QLD
66.9%
68.4%
66.3%
68.1%
67.4%
66.2%
65.8%
65.3%
68.5%
67.8%
68.6%
70.5%
68.3%
68.1%

SA
64.5%
67.7%
67.6%
66.4%
66.2%
67.5%
66.1%
65.3%
65.7%
69.7%
69.2%
70.1%
72.1%
66.9%

www.afgonline.com.au

VIC
66.6%
64.7%
70.8%
68.0%
69.1%
68.1%
68.6%
68.3%
69.7%
70.1%
69.3%
72.4%
69.8%
69.2%

.LOAN

T YPE

TABLE 5: ALL AUSTRALIA


MONTH
Nov 11
Dec 11
Jan 12
Feb 12
Mar 12
Apr 12
May 12
June 12
July 12
Aug 12
Sept 12
Oct 12
Nov 12
Dec 12

BASIC
8.9%
9.4%
10.7%
9.7%
8.8%
10.6%
10.3%
10.5%
10.9%
9.2%
9.0%
9.5%
8.7%
9.1%

EQUITY
7.2%
7.3%
7.5%
6.6%
6.7%
7.4%
8.0%
7.6%
7.5%
6.8%
6.6%
5.9%
5.7%
6.3%

FIXED
17.2%
19.2%
18.6%
23.2%
25.4%
21.0%
19.7%
16.5%
16.8%
19.9%
21.5%
20.8%
21.6%
18.7%

INTRO
3.5%
3.9%
3.8%
3.5%
3.6%
3.4%
3.1%
2.9%
5.4%
5.2%
5.7%
5.5%
4.8%
2.6%

STANDARD
63.1%
60.2%
59.4%
57.0%
55.4%
57.5%
58.9%
62.5%
59.3%
58.8%
57.2%
58.2%
59.2%
63.3%

DEFINITIONS
1. Standard Variable: includes the full range of features available.
2. Basic Variable: without some features, lower fees and rates.
3. Intro: also known as honeymoon where the borrower is offered a very cheap initial rate (fixed
or variable) before the loan reverts to a Standard Variable.
4. Fixed: interest rate is fixed for a nominated period before it reverts to a Standard Variable.
5. Equity: also known as line of credit allows the borrower to draw out money up to a specified
limit. Generally more expensive than Standard Variable loans.

NOTE TO EDITORS
AFG is Australias largest mortgage broker. Established in 1994, the company now provides more than
20% of brokers nationwide with access to Australias leading lending institutions, and has a mortgage
book in excess of $65 billion.

www.afgonline.com.au

Você também pode gostar