Residential real estate underpins Australia's wealth

- The total value of Australian residential real estate was $9.5 trillion at the end of April 2023. This has been increasing month after month.

- However, outstanding mortgages against all residential housing are only $2.2 trillion a very comfortable 23% Loan to Value ratio.

- 56.1% of total Aussie household wealth is held in residential property - one of the many reasons neither the banks, the government nor the RBA wants a property crash.