Streets Ahead : Streets Ahead Edition 11
The Genworth Homebuyer Confidence Index (HCI) is based on five components: • The proportion of monthly income used to service debts • The maximum loan-to-value ratio (LVR) borrowers are comfortable borrowing • Repayment history over the last 12 months • Repayment expectations over the next 12 months • Whether now is considered a good time to buy a home. About the Genworth Homebuyer Confidence Index This report is based on an online survey of 2,091 Australians conducted in September 2015. Survey respondents were sourced from a panel of individuals who have signed up to participate in online surveys. Respondents are nationally representative according to age, gender and state or territory. The sample consisted of: Definitions of types of respondents referred to in this report Methodology Streets Ahead | Genworth Homebuyer Confidence Index - September 2015 2 First Homebuyer (FHB): Someone who purchased their first property to live in (with a mortgage) in the last 12 months First Time Investor: Someone who purchased their first property (with a mortgage) in the last 12 months but does not live in the property Mortgagor: Someone who has had a mortgage for over 12 months (does not include FHBs or First Time Investors) Homeowner: Someone with a mortgage, including FHBs, First Time Investors and Mortgagors Prospective FHB: Someone who intends to buy their first property in the next 12 months Non-Property Owner: Someone who does not currently have a mortgage on a property or own property (includes Prospective FHBs).
Streets Ahead Edition 12