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, $1,600-$1,799 was the most common mortgage repayment band among households with a mortgage in Baw Baw (S), accounting for 11.2% (940 households). This share was higher than Regional Vic. (9.4%).
Section overview
Monthly housing loan repayments
Baw Baw (S) - Households (Enumerated)
This table summarises housing loan repayments for Baw Baw (S) in 2021 for persons, with comparison against Regional Vic..
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Baw Baw (S), with comparison markers for Regional Vic..
$299 or less
2021 count
338
% of total
4.0%
338
4.0%
$300 - $599
2021 count
339
% of total
4.1%
339
4.1%
$600 - $999
2021 count
796
% of total
9.5%
796
9.5%
$1,000 - $1,199
2021 count
633
% of total
7.6%
633
7.6%
$1,200 - $1,399
2021 count
851
% of total
10.2%
851
10.2%
$1,400 - $1,599
2021 count
918
% of total
11.0%
918
11.0%
$1,600-$1,799
2021 count
940
% of total
11.2%
940
11.2%
$1,800 - $1,999
2021 count
637
% of total
7.6%
637
7.6%
$2,000 - $2,199
2021 count
796
% of total
9.5%
796
9.5%
$2,200 - $2,399
2021 count
280
% of total
3.3%
280
3.3%
$2,400-$2,599
2021 count
200
% of total
2.4%
200
2.4%
$2,600-$2,999
2021 count
394
% of total
4.7%
394
4.7%
$3,000-$3,999
2021 count
418
% of total
5.0%
418
5.0%
$4,000-$4,999
2021 count
177
% of total
2.1%
177
2.1%
$5000 and over
2021 count
126
% of total
1.5%
126
1.5%
Not stated
2021 count
516
% of total
6.2%
516
6.2%
Data table
Housing loan repayments for Baw Baw (S). Monthly housing loan repayments. 2021 counts and percentages compared with Regional Vic..
| Category | 2021 count | 2021 % | Regional Vic. % |
|---|---|---|---|
| $299 or less | 338 | 4.0% | 4.9% |
| $300 - $599 | 339 | 4.1% | 5.8% |
| $600 - $999 | 796 | 9.5% | 13.8% |
| $1,000 - $1,199 | 633 | 7.6% | 9.6% |
| $1,200 - $1,399 | 851 | 10.2% | 11.2% |
| $1,400 - $1,599 | 918 | 11.0% | 9.5% |
| $1,600-$1,799 | 940 | 11.2% | 9.4% |
| $1,800 - $1,999 | 637 | 7.6% | 5.7% |
| $2,000 - $2,199 | 796 | 9.5% | 8.0% |
| $2,200 - $2,399 | 280 | 3.3% | 2.8% |
| $2,400-$2,599 | 200 | 2.4% | 1.9% |
| $2,600-$2,999 | 394 | 4.7% | 4.1% |
| $3,000-$3,999 | 418 | 5.0% | 4.4% |
| $4,000-$4,999 | 177 | 2.1% | 1.7% |
| $5000 and over | 126 | 1.5% | 1.4% |
| Not stated | 516 | 6.2% | 5.9% |
| Total | 8,359 | 100.0% | 100.0% |