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 Viewbank, accounting for 18.4% (176 households). This share was higher than Banyule (C) (14.5%).

Section overview

Monthly housing loan repayments

Viewbank - Households (Enumerated)

This table summarises housing loan repayments for Viewbank in 2021 for persons, with comparison against Banyule (C).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Viewbank, with comparison markers for Banyule (C).

Viewbank
Banyule (C)

$299 or less

2021 count

71

% of total

7.4%

$300 - $599

2021 count

36

% of total

3.8%

$600 - $999

2021 count

45

% of total

4.7%

$1,000 - $1,199

2021 count

43

% of total

4.5%

$1,200 - $1,399

2021 count

43

% of total

4.5%

$1,400 - $1,599

2021 count

49

% of total

5.1%

$1,600-$1,799

2021 count

41

% of total

4.3%

$1,800 - $1,999

2021 count

49

% of total

5.1%

$2,000 - $2,199

2021 count

69

% of total

7.2%

$2,200 - $2,399

2021 count

37

% of total

3.9%

$2,400-$2,599

2021 count

52

% of total

5.4%

$2,600-$2,999

2021 count

78

% of total

8.2%

$3,000-$3,999

2021 count

176

% of total

18.4%

$4,000-$4,999

2021 count

52

% of total

5.4%

$5000 and over

2021 count

49

% of total

5.1%

Not stated

2021 count

65

% of total

6.8%

Data table

Housing loan repayments for Viewbank. Monthly housing loan repayments. 2021 counts and percentages compared with Banyule (C).

Housing loan repayments for Viewbank. Monthly housing loan repayments. 2021 counts and percentages compared with Banyule (C).
Housing loan repayments for Viewbank. Monthly housing loan repayments. 2021 counts and percentages compared with Banyule (C).
Category2021 count2021 %Banyule (C) %
$299 or less717.4%5.3%
$300 - $599363.8%3.1%
$600 - $999454.7%5.3%
$1,000 - $1,199434.5%4.1%
$1,200 - $1,399434.5%4.7%
$1,400 - $1,599495.1%5.4%
$1,600-$1,799414.3%5.9%
$1,800 - $1,999495.1%4.9%
$2,000 - $2,199697.2%9.7%
$2,200 - $2,399373.9%5.2%
$2,400-$2,599525.4%5.4%
$2,600-$2,999788.2%9.3%
$3,000-$3,99917618.4%14.5%
$4,000-$4,999525.4%5.5%
$5000 and over495.1%5.6%
Not stated656.8%6.2%
Total955100.0%100.0%