Statistical publication

Quarterly authorised deposit-taking institution property exposure statistics - March 2026 highlights

Key statistics

Excludes ADIs that are not banks, building societies or credit unions. See ‘Explanatory Notes’ of the Quarterly authorised deposit-taking institution property exposures statistics (excel file) for details of share calculations.

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

ADIs' residential property exposuresMarch 2025March 2026Year-on-year change
Total credit outstanding ($bn)2,349.72,512.76.9%
Owner-occupied loans – share67.6%67.0%-0.69 points
Investment loans – share30.4%31.0%0.61 points
Loans with LVR ≥ 80% – share17.0%16.7%-0.34 points
Loans 30–89 days past due – share0.60%0.49%-0.11 points
Non-performing loans1.08%0.99%-0.09 points

Key commercial property statistics for ADIs for the quarter were:

ADIs’ new loans funded during the quarterMarch 2025March 2026Year-on-year change
New loans funded ($bn)154.7182.117.7%
New owner-occupied loans funded – share64.3%62.4%-1.9 points
New investment loans funded – share33.5%35.0%1.51 points
New loans with LVR ≥ 80% – share30.3%30.7%0.38 points
New loans with DTI ≥ 6x – share5.3%6.4%1.12 points
New owner-occupied loans with DTI ≥ 6x – share3.7%3.9%0.19 points
New investment loans with DTI ≥ 6x – share8.2%10.8%2.56 points
ADIs’ commercial property exposuresMarch 2025March 2026Year-on-year change
Commercial property exposure limits ($bn)483.7525.88.7%
Commercial property exposures ($bn)448.4487.68.7%

Residential mortgages: new lending

Line chart titled “New loans funded, including external refinancing ($b)” showing owner-occupied loans rising from about $60b to $120–130b, while investment loans increase from about $25b to $70–80b by Mar-26.
Line chart titled “Year-on-year changes on new housing loans funded (%)” showing both series peaking around 50–55% in Mar-21, falling below -20% in Mar-23, then recovering to about 18–20% by Mar-26.
Line chart titled “Year-on-year changes on new loans funded, including external refinancing (%)” showing owner-occupied and investment loans peaking near 45–50% in Mar-21, turning negative in Mar-23, then rising to around 15–25% by Mar-26.
Line chart titled “External refinancing as a share of total new loans (%)” showing refinancing fluctuating around 35–45%, peaking near 48% in Mar-23, then stabilising around 35% by Mar-26.
Line chart titled “Share of new housing loans with a debt-to-income ratio ≥ 6 times (%)” showing all series peaking near 25–32% in Mar-21, falling sharply to below 10% in Mar-23, then stabilising with slight increases to Mar-26.
Line chart titled “Share of new owner-occupied and investment loans with loan-to-value ratio ≥ 80% (%)” showing both declining from around 40–45% to about 30% by Mar-23, then stabilising near 30–33% to Mar-26.
Line chart titled “New interest-only lending as a share of total new housing lending (%)” showing a gradual rise from about 18% in Mar-20 to around 22% by Mar-26, with minor fluctuations.
Line chart titled “Exceptions to serviceability and serviceability waivers as portion of total new loans (%)” showing exceptions rising from about 2% to around 5%, while waivers fluctuate between roughly 1.5–3% to Mar-26.

Residential mortgages: outstanding credit

Line chart titled “Year-on-year growth in housing credit outstanding (%)” showing growth rising from about 2.5% in Mar-20 to near 7% in Mar-22, dipping to around 4% in Mar-24, then increasing to about 6.5–7% by Mar-26.
Line chart titled “Offset accounts as a portion of total credit outstanding (%)” showing a steady increase from about 9.5% in Mar-20 to around 14% by Mar-26, with minor fluctuations.
Line chart titled “Arrears as a portion of total housing credit outstanding (%)” showing non-performing loans rising from about 0.9% to around 1.0–1.1%, while 30–89 day arrears fluctuate between roughly 0.4–0.7% to Mar-26.
Line chart titled “Share of non-performing loans as a portion of total housing credit outstanding, by purpose (%)” showing both series falling to about 0.6% in Mar-23, then rising, with owner-occupied near 1.1% and investment near 0.8% by Mar-26.
Line chart titled “Non-performing loans with a high loan-to-valuation ratio (LVR) (%)” showing LVR <80% dominant around 0.5–0.65%, with higher LVR bands lower and broadly stable to Mar-26.

Commercial real estate

Line chart titled “Year-on-year growth in commercial property exposure limits (%)” showing growth peaking near 12% in Mar-22, declining to about 3–4% in Mar-24, then recovering to around 9% by Mar-26.
Line chart titled “Year-on-year growth in commercial property exposures (%)” showing growth rising to about 15–16% in Mar-23, falling sharply to around 4% in Mar-24, then recovering to about 8–9% by Mar-26.
Line chart titled “Year-on-year growth in commercial property exposure limits, selected sectors (%)” showing industrial consistently highest around 10–20%, retail steady near 5–8%, and office falling to near 0% by Mar-26.
Line chart titled “Non-performing commercial property exposures as a portion of total commercial property exposures (%)” showing NPLs rising from about 0.5% in Mar-22 to near 0.9% in Mar-24, then easing to around 0.6–0.7% by Mar-26.

For more information

Email dataanalytics@apra.gov.au or mail to

Manager, External Data Reporting
Australian Prudential Regulation Authority
GPO Box 9836, Sydney NSW 2001

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Footnotes