What is the current average mortgage size?
The Australian Bureau of Statistics reports that the value of new owner-occupied mortgages rose 0.5 per cent in February 2015.
The number of new owner-occupied housing loans sold in February 2015 went up 1.2 per cent.
The average mortgage size in February 2015 was $337,200 – down from $348,300 in January 2015.
Source: Banking Day