Quarterly authorised deposit-taking institution property exposure statistics - December 2025 highlights
Print

Key statistics
 

Key residential mortgage lending statistics for ADIs for the quarter were:

ItemDecember 2024December 2025Year-on-year change
Total credit outstanding ($bn)2,322.22,475.06.6%
Owner-occupied loans – share67.7%67.2%-0.44 points
Investment loans – share30.4%30.8%0.39 points
Loans with loan-to-valuation ratio (LVR) ≥ 80 per cent – share17.4%16.9%-0.46 points
Loans 30–89 days past due – share0.59%0.47%-0.12 points
Non-performing loans1.05%0.99%-0.07 points

ADIs’ new loans funded during the quarter:

ItemDecember 2024December 2025Year-on-year change
New loans funded ($bn)179.9217.620.9%
New owner-occupied loans funded – share63.4%61.8%-1.54 points
New investment loans funded – share34.4%35.9%1.44 points
New loans with LVR ≥ 80 per cent funded – share31.0%32.2%1.14 points
New loans with debt-to-income (DTI) ratio ≥ 6x funded – share5.8%6.8%1.03 points

Key commercial property statistics for ADIs for the quarter were:

Key commercial property statistics for ADIs
ItemDecember 2024December 2025Year-on-year change
Commercial property exposure limits ($bn)476.3518.98.9%
Commercial property exposures ($bn)441.2480.28.8%

Residential mortgages: new lending

New loans funded, including external refinancing ($b) – Owner‑occupied lending remains higher than investment lending, with both increasing toward 2025.
Year‑on‑year changes on new housing loans funded (%) – Lending growth contracts in 2022 before returning to positive growth.
Year-on-year growth in housing credit outstanding (%) – Housing credit growth peaks in 2021, slows through 2023, then gradually recovers.
External refinancing as a share of total new loans (%) – External refinancing peaks in 2022 before declining and stabilising.
Share of new housing loans with a debt‑to‑income ratio ≥ 6 times (%) – High DTI lending falls sharply after 2021 and remains low.
Share of new owner‑occupied and investment loans with loan‑to‑value ratio ≥ 80% (%) – High LVR lending declines after 2020 and stabilises at lower levels.
New interest‑only lending as a share of total new housing lending (%) – Interest‑only lending remains broadly stable and edges higher toward 2025.
Exceptions to serviceability and serviceability waivers as a portion of total new loans (%) – Serviceability exceptions rise sharply from 2023, while verification waivers remain lower.

Residential mortgages: outstanding credit

Year‑on‑year growth in housing credit outstanding (%) – Housing credit growth slows through 2023, then gradually recovers.
Offset accounts as a portion of total credit outstanding (%) – Offset account balances trend upward steadily over the period.
Arrears as a portion of total housing credit outstanding (%) – Arrears increase modestly from 2022, remaining below 1.2%.
Share of non‑performing loans as a portion of total housing credit outstanding, by purpose (%) – Non‑performing loan shares rise after 2022, higher for owner‑occupied loans.
Non‑performing loans with a high loan‑to‑valuation ratio (LVR) (%) – Most non‑performing loans have LVRs below 80%.

Commercial real estate

Year‑on‑year growth in commercial property exposure limits (%) – Exposure limit growth slows through 2022, then rises steadily.
Year‑on‑year growth in commercial property exposures (%) – Commercial property exposure growth declines in 2023 and partially recovers.
Year‑on‑year growth in commercial property exposure limits, selected sectors (%) – Industrial exposure growth exceeds office and retail across most periods.
Non‑performing commercial property exposures as a portion of total commercial property exposures (%) – Non‑performing exposures rise after 2022, then ease slightly.

Subscribe for updates

To receive media releases, publications, speeches and other industry-related information by email
Subscribe