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Westpac Economics

February 11, 2026

Australian Dwelling Finance Bulletin

Sector ReportMacro Economic IndicatorsReal EstateFinancialsReal Estate

Australian new dwelling finance values rose 9.5% in Q4 2025, reaching a record $65.3bn for owner-occupiers. This growth was primarily driven by first home buyers responding to the expanded 5% deposit guarantee scheme.

Key Takeaways

  • 1.New housing finance values grew 9.5% in Q4, reaching an annual growth rate of 23.5%.
  • 2.Owner-occupiers reached a record $65.3bn in new lending, largely driven by first home buyers.
  • 3.The surge in first home buyer activity followed the introduction of an expanded 5% deposit guarantee scheme.

Table of Contents

  • Key points
  • Owner occupiers see a record rise in new lending
  • Corporate Directory
  • DISCLAIMER

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Authors

Neha Sharma

Themes

Government Housing Policy ImpactLending Market ResilienceStagnation in New Construction Finance

Regions

Asia PacificAustralia