Housing
Housing loan repayments
About this topic
Housing loan repayments show the monthly mortgage repayment amounts reported by households with a mortgage. They provide a snapshot of housing costs for owner-purchasing households.
This topic can help indicate repayment pressure and possible housing stress when read with household income, but raw repayment amounts are not directly comparable over time because of inflation, interest rate movements, and changing loan conditions. The 2021 data also predates the interest rate rises that began in May 2022, so it should be interpreted with care.
Interpretation notes
- This topic applies only to households with a mortgage and records monthly repayments for the dwelling in which they were counted on Census night.
- Raw repayment amounts are not directly comparable over time because inflation, interest rates, and loan conditions change.
- The 2021 Census pre-dates the Reserve Bank rate rises that began in May 2022, so current repayment pressure may be higher than the Census snapshot suggests.
Key insight
In 2021, $3,000-$3,999 was the most common mortgage repayment band among households with a mortgage in Montmorency, accounting for 15.2% (223 households). This share was higher than Banyule (C) (14.5%).
Section overview
Monthly housing loan repayments
Montmorency - Households (Enumerated)
This table summarises housing loan repayments for Montmorency in 2021 for persons, with comparison against Banyule (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Montmorency, with comparison markers for Banyule (C).
$299 or less
2021 count
70
% of total
4.8%
70
4.8%
$300 - $599
2021 count
42
% of total
2.9%
42
2.9%
$600 - $999
2021 count
87
% of total
5.9%
87
5.9%
$1,000 - $1,199
2021 count
76
% of total
5.2%
76
5.2%
$1,200 - $1,399
2021 count
56
% of total
3.8%
56
3.8%
$1,400 - $1,599
2021 count
75
% of total
5.1%
75
5.1%
$1,600-$1,799
2021 count
93
% of total
6.3%
93
6.3%
$1,800 - $1,999
2021 count
91
% of total
6.2%
91
6.2%
$2,000 - $2,199
2021 count
113
% of total
7.7%
113
7.7%
$2,200 - $2,399
2021 count
96
% of total
6.5%
96
6.5%
$2,400-$2,599
2021 count
88
% of total
6.0%
88
6.0%
$2,600-$2,999
2021 count
153
% of total
10.4%
153
10.4%
$3,000-$3,999
2021 count
223
% of total
15.2%
223
15.2%
$4,000-$4,999
2021 count
65
% of total
4.4%
65
4.4%
$5000 and over
2021 count
47
% of total
3.2%
47
3.2%
Not stated
2021 count
92
% of total
6.3%
92
6.3%
Data table
Housing loan repayments for Montmorency. Monthly housing loan repayments. 2021 counts and percentages compared with Banyule (C).
| Category | 2021 count | 2021 % | Banyule (C) % |
|---|---|---|---|
| $299 or less | 70 | 4.8% | 5.3% |
| $300 - $599 | 42 | 2.9% | 3.1% |
| $600 - $999 | 87 | 5.9% | 5.3% |
| $1,000 - $1,199 | 76 | 5.2% | 4.1% |
| $1,200 - $1,399 | 56 | 3.8% | 4.7% |
| $1,400 - $1,599 | 75 | 5.1% | 5.4% |
| $1,600-$1,799 | 93 | 6.3% | 5.9% |
| $1,800 - $1,999 | 91 | 6.2% | 4.9% |
| $2,000 - $2,199 | 113 | 7.7% | 9.7% |
| $2,200 - $2,399 | 96 | 6.5% | 5.2% |
| $2,400-$2,599 | 88 | 6.0% | 5.4% |
| $2,600-$2,999 | 153 | 10.4% | 9.3% |
| $3,000-$3,999 | 223 | 15.2% | 14.5% |
| $4,000-$4,999 | 65 | 4.4% | 5.5% |
| $5000 and over | 47 | 3.2% | 5.6% |
| Not stated | 92 | 6.3% | 6.2% |
| Total | 1,467 | 100.0% | 100.0% |