Can anyone tell me what the current average loan duration for a principal and interest (owner occupied) loan is in Australia?

Hi Adam,

From a non-bank perspective it is just over 3 years or 3.3 years to be precise.

This is the length of time the loan sits with a lender before it is refinanced either by same lender or into another lender.

Not sure about Main Street banks but hope this assists with non-banks who fund their loan books via RMBS.

Prime P & I loans are running at an average loan life of 4.01 years according to a friend of mine that runs a RMBS investment business.