Western Australians were the country’s biggest borrowers in January, research shows. Even though borrowers in New South Wales made up the biggest share of home loans financed in January, closely followed by Victoria, Western Australian borrowers held the largest number of home loans financed compared to population size. Out of the 43,963 home loans financed in January, 28% were taken out in NSW, followed closely by VIC with 27%. WA borrowers accounted for 16% of all home loans financed while holding 11% of the adult Australian population. WA also has the third-highest average home loan size of $320,300, behind NSW with an average loan size of $357,600 and ACT with $341,700. Borrowers in the Northern Territory were least likely to research the home loan market online and had the least amount of home loans financed per capita in January. The findings were based on finder.com.au home loan traffic and Australian Bureau of Statistics housing finance and Australian adult population data. Tasmania has the smallest average loan size of all the states ($216,500), as well as the second-lowest demand for buying property. TAS’s average loan size is 33% smaller than the national average, while NSW’s is 11% larger.