Home loan lending grew strongly in FY22
Looking at refinances, levels remained elevated in FY22
Property owners, driven by the prospect of rising interest rates, sought out better deals on their home loan. VIC topped the eastern states for the second year running, recording the most refinances in both FY21 and FY22.
Postcode 3029 (Truganina) topped all postcodes in FY22 in the eastern states for total residential new loans.
Over 5.3K new loans were completed in the postcode in FY22.