📊 Australian Loan Statistics
Australian Loan Statistics 2025
Home, Personal, Car & Business Lending
Comprehensive Australian lending data compiled from the Reserve Bank of Australia (RBA), Australian Bureau of Statistics (ABS), APRA and industry sources. Updated 2025.
📋 Contents
Home Loan Statistics Australia
$634,000
Average new home loan size in Australia (2025)
Source: ABS Lending Indicators$29.6B
Value of new home loan commitments per month
Source: ABS, 202562%
Owner-occupier share of new home loan commitments
Source: ABS Lending Indicators38%
Investor share of new home loan commitments
Source: ABS Lending Indicators30 yrs
Most common home loan term in Australia
Source: Industry data2.1M
Outstanding mortgage accounts in Australia
Source: APRA| Home Loan Type | Approx. Market Share | Avg. Loan Size | Typical Term |
|---|---|---|---|
| Variable Rate (Owner-Occupier) | ~65% | $612,000 | 25–30 yrs |
| Fixed Rate (Owner-Occupier) | ~18% | $598,000 | 25–30 yrs |
| Variable Rate (Investment) | ~12% | $680,000 | 25–30 yrs |
| Fixed Rate (Investment) | ~5% | $660,000 | 25–30 yrs |
📊 Key Insight: The average Australian home loan has grown by over 40% in the past decade, driven by rising property prices in Sydney and Melbourne.
Home Loan Approvals by State (2024)
Average Loan Size by State (2025)
New South Wales$762,000
Victoria$619,000
Queensland$561,000
Western Australia$528,000
South Australia$492,000
ACT$582,000
Tasmania$391,000
Sources: Australian Bureau of Statistics (ABS) Lending Indicators, APRA Quarterly ADI Statistics, RBA Statistical Tables.
Interest Rate Statistics Australia
4.10%
RBA Cash Rate (May 2025)
Source: Reserve Bank of Australia6.22%
Average variable home loan rate
Source: RBA Statistical Tables5.89%
Average 3-year fixed home loan rate
Source: RBA Statistical Tables13.12%
Average credit card interest rate
Source: RBA10.44%
Average personal loan interest rate
Source: RBA0.10%
Historic cash rate low
Source: RBA| Loan Type | Average Rate | Lowest Available | Highest Available |
|---|---|---|---|
| Home Loan Variable OO P&I | 6.22% p.a. | 5.74% p.a. | 7.99% p.a. |
| Home Loan Fixed 3yr OO P&I | 5.89% p.a. | 5.49% p.a. | 7.49% p.a. |
| Home Loan Variable Investor | 6.58% p.a. | 5.99% p.a. | 8.49% p.a. |
| Personal Loan Unsecured | 10.44% p.a. | 6.57% p.a. | 29.99% p.a. |
| Car Loan Secured | 8.21% p.a. | 5.99% p.a. | 19.99% p.a. |
| Small Business Loan | 9.50% p.a. | 6.50% p.a. | 29.99% p.a. |
| Credit Card | 13.12% p.a. | 8.99% p.a. | 24.99% p.a. |
📊 Key Insight: The RBA lifted the cash rate sharply from historic lows, increasing repayments for many Australian borrowers.
Sources: Reserve Bank of Australia Statistical Tables F5, F6. Rates are indicative averages and vary by lender and borrower profile.
Personal Loan Statistics Australia
$22.4B
Total personal loan balances outstanding
Source: APRA$16,800
Average personal loan balance
Source: Equifax3 yrs
Most common personal loan term
Source: Industry data5.2M
Australians with a personal loan
Source: Equifax18%
Personal loan arrears rate
Source: APRA$10,000
Common personal loan amount
Source: EquifaxTop Reasons for Personal Loans
Personal Loan Borrowers by Age
Sources: APRA Monthly ADI Statistics, Equifax Consumer Credit Demand Index, Australian Finance Industry Association.
Car Loan Statistics Australia
$36.8B
Total car loan balances outstanding
Source: APRA$28,400
Average new car loan amount
Source: Equifax$19,200
Average used car loan amount
Source: Equifax5 yrs
Most common car loan term
Source: Industry data1.74M
New vehicle sales in Australia
Source: VFACTS / FCAI58%
New car buyers who use finance
Source: AFIA| Vehicle Type | % of Finance | Avg. Loan Amount | Avg. Interest Rate |
|---|---|---|---|
| New Passenger Cars | 31% | $32,100 | 7.8% p.a. |
| New SUVs/4WDs | 38% | $52,400 | 7.5% p.a. |
| Used Passenger Cars | 18% | $18,200 | 9.2% p.a. |
| Electric Vehicles | 6% | $61,800 | 6.9% p.a. |
| Commercial Vehicles | 7% | $58,700 | 7.4% p.a. |
📊 Key Insight: Electric vehicle loans often attract lower interest rates due to green loan programs and incentives.
Sources: FCAI VFACTS, AFIA Motor Finance Statistics, Equifax Consumer Credit Demand Report.
Business Loan Statistics Australia
$1.12T
Total business credit outstanding
Source: RBA$247B
SME lending balances outstanding
Source: APRA2.4M
Active small businesses
Source: ABS44%
SMEs that sought external finance
Source: East & Partners72%
SME loan approval rate
Source: East & Partners$185,000
Average SME loan approved
Source: AFIABusiness Loan Purpose
SME Finance by Industry
Construction19%
Retail Trade14%
Professional Services13%
Hospitality11%
Transport & Logistics10%
Healthcare9%
Other24%
Sources: RBA Financial Aggregates, APRA Monthly Banking Statistics, East & Partners SME Finance Report, ABS Business Counts.
Credit Score Statistics Australia
666
Average Equifax credit score
Source: Equifax22%
Excellent credit score
Source: Equifax31%
Very Good credit score
Source: Equifax24%
Good credit score
Source: Equifax23%
Below Average or Poor score
Source: Equifax1 in 5
Australians who have never checked their score
Source: ASIC| Credit Score Range | Rating | % of Australians | Likely Loan Impact |
|---|---|---|---|
| 833 – 1,200 | Excellent | 22% | Best rates available |
| 726 – 832 | Very Good | 31% | Competitive rates |
| 622 – 725 | Good | 24% | Standard rates |
| 510 – 621 | Average | 13% | Higher rates |
| 0 – 509 | Below Average | 10% | Limited options |
Sources: Equifax Australia Credit Score Distribution, ASIC MoneySmart Consumer Research.
Mortgage Stress Statistics Australia
1.59M
Households experiencing mortgage stress
Source: Roy Morgan31%
Mortgage holders in stress
Source: Roy Morgan30%
Recommended max income for repayments
Industry standard43%
Income to repayments in Sydney
Source: ANZ CoreLogic1.4%
Home loan non-performing rate
Source: APRA$1,200
Average monthly repayment increase
Source: RBA estimates📊 Key Insight: Mortgage stress is commonly measured as spending more than 30% of pre-tax income on mortgage repayments.
Sources: Roy Morgan Research Mortgage Stress Report, APRA Quarterly ADI Performance Statistics, ANZ CoreLogic Housing Affordability Report.
First Home Buyer Statistics Australia
28.9%
First home buyers as % of owner-occupier loans
Source: ABS$492,000
Average first home buyer loan size
Source: ABS11.4 yrs
Time to save deposit in Sydney
Source: ANZ CoreLogic6.1 yrs
National time to save deposit
Source: ANZ CoreLogic32 yrs
Average age of first home buyer
Source: ABS47,000
First Home Guarantee places used
Source: Housing AustraliaDeposit Size — First Home Buyers
Avg. Time to Save 20% Deposit
Sydney11.4 years
Melbourne9.8 years
Brisbane7.2 years
Perth6.4 years
Adelaide6.1 years
Hobart5.3 years
Darwin4.1 years
Sources: ABS Lending Indicators, ANZ CoreLogic Housing Affordability Report, Housing Australia First Home Guarantee statistics.
Australian Household Debt Statistics
187%
Household debt as % of disposable income
Source: RBA$2.34T
Total household debt in Australia
Source: RBA$36,000
Average debt per Australian adult
Source: RBA / ABS79%
Household debt that is mortgage debt
Source: RBA17.9B
Credit card balances accruing interest
Source: RBA$3,200
Average credit card balance
Source: RBA📊 Key Insight: Australian household debt is heavily concentrated in mortgage debt, making households sensitive to interest rate changes.
Sources: RBA Financial Aggregates Table D2, RBA Credit Card Statistics, OECD Household Debt Comparative Statistics.
Australian Lender Market Share
Home Loan Market Share — Major Lenders
Key Market Facts
Big 4 bank home loan share75%
Mortgage broker market share71.8%
Online / fintech lender share~8%
Credit union / mutual share~6%
Total ADIs in Australia145
Mortgage brokers in Australia~19,400
📊 Key Insight: Mortgage brokers write a large share of new home loans in Australia, reflecting consumers’ desire to compare multiple lenders.
Sources: APRA Quarterly ADI Statistics, MFAA Industry Intelligence Service, APRA ADI Register.
⚠️ Data Disclaimer: Statistics on this page are compiled from publicly available government, regulatory and industry sources including the Reserve Bank of Australia (RBA), Australian Bureau of Statistics (ABS), APRA, Equifax, ASIC and industry association reports. Data is provided for general information purposes only. Figures are approximate and represent the most recent available data at the time of publication. This page does not constitute financial advice. See our Disclaimer for full details.
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