20 years ago, the average size of an Australian home loan was under $100,000. Ten years before that, it was under $40,000. Nowadays, you’re looking at a lot more. This interactive graphic from the guys at Finder breaks down average home loan figures for each state and territory; from 1975 to 2015.
Liquor customer picture from Shutterstock
The averages cited below combine all property types, from newly built capital city mansions to existing regional hovels. NSW tops the list (surprise, surprise) with an average of $454,200, followed by Victoria, the ACT and Western Australia. Interestingly, the Northern Territory used to have the biggest average of every state and territory.
How do these averages compare to your own home loan? Let us know in the comments.