Mortgage loans reached 1,345 USD bil in 2017 in Australia, according to the National Central Bank. This is 15.1 % more than in the previous year.
Historically, mortgage loans in Australia reached an all time high of 1,345 USD bil in 2017 and an all time low of 64.2 USD bil in 1990. When compared to Australia's main peers, mortgage loans in Indonesia amounted to 30.1 USD bil, 120 USD bil in Malaysia, 172 USD bil in New Zealand and 0.624 USD bil in Papua New Guinea in 2017.
Australia has been ranked 5th within the group of 79 countries we follow in terms of mortgage loans, 3 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.