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

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