The latest housing figures for 2014 shows a fall in investor numbers but there is a slight increase in first home buyers . The owner occupied housing finance approvals stayed at 51,054 as per the ABS figures.

There is a one percentage fall in loans for the purchase of new dwellings and a 0.7% fall in lending for buying existing homes. Loans for building new homes jumped by around 6%.

The ABS data shows first home buyers rose as a proportion of overall lending in January – making up 13.2 per cent of loans, up from 12.7 per cent in December.

The number of first home buyers – not seasonally adjusted – was 5,798 in January, down 848 on December, however this is probably due mostly to the season hiatus of the property market in January.

The number of first time buyers was virtually unchanged compared to January 2013 and 2011, but well down on the same month in 2012 and 2010, and a fraction of the first home buyer frenzy in January 2009, when the boosted first home owners grant lured 12,589 first time purchasers to take out a home loan.

While the proportion of first home buyers edged up, the amount of money lent to property investors fell by 3.3 per cent last month, in contrast to a 1.5 per cent rise for owner-occupiers.

It is the first time the value of investor loans has fallen since June last year, with lending to landlords still up 28.6 per cent over the past 12 months.