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Number of suburbs with house values over $1m revealed

If property prices in your neighbourhood seem to be climbing higher and higher, you’re not alone. Over 300 Australian suburbs now have median house values of over $1 million, making the Great Australian Dream out of reach for many first home buyers.

How could a property peak affect your home loan?

With Australia’s owner occupiers taking out bigger home loans, and signs pointing to national housing values potentially approaching a peak, what risk could home owners face if they were to come face to face with a downturn in the future?

New home loan values reach record highs across Australia

The national average mortgage size for owner-occupiers has reached a record high of $595,568 according to new ABS data. Records were broken in every state and territory except WA.