10/11/2026
Australian mortgage demand has dropped 19.2% over the past year, hitting its lowest level since October 2022.
First home buyers are feeling the pressure most, with demand falling 22.1%, while investor mortgage demand has declined 18%.
High interest rates, rising living costs and strict lending assessments are making Australians more cautious about taking on debt.
On the buying side of the market, understanding your borrowing capacity and having a clear strategy is more important than ever.
Thinking about your next property move? Get in touch with the Wakely Properties team today.
(07) 3518 4200
wakelyproperties.com.au