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, $5000 and over was the most common mortgage repayment band among households with a mortgage in Black Rock (Vic.), accounting for 20.6% (161 households). This share was higher than Bayside (C) (20.2%).
Section overview
Monthly housing loan repayments
Black Rock (Vic.) - Households (Enumerated)
This table summarises housing loan repayments for Black Rock (Vic.) in 2021 for persons, with comparison against Bayside (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Black Rock (Vic.), with comparison markers for Bayside (C).
$299 or less
2021 count
44
% of total
5.6%
44
5.6%
$300 - $599
2021 count
16
% of total
2.1%
16
2.1%
$600 - $999
2021 count
40
% of total
5.1%
40
5.1%
$1,000 - $1,199
2021 count
28
% of total
3.6%
28
3.6%
$1,200 - $1,399
2021 count
29
% of total
3.7%
29
3.7%
$1,400 - $1,599
2021 count
23
% of total
2.9%
23
2.9%
$1,600-$1,799
2021 count
21
% of total
2.7%
21
2.7%
$1,800 - $1,999
2021 count
21
% of total
2.7%
21
2.7%
$2,000 - $2,199
2021 count
48
% of total
6.2%
48
6.2%
$2,200 - $2,399
2021 count
22
% of total
2.8%
22
2.8%
$2,400-$2,599
2021 count
26
% of total
3.3%
26
3.3%
$2,600-$2,999
2021 count
44
% of total
5.6%
44
5.6%
$3,000-$3,999
2021 count
110
% of total
14.1%
110
14.1%
$4,000-$4,999
2021 count
78
% of total
10.0%
78
10.0%
$5000 and over
2021 count
161
% of total
20.6%
161
20.6%
Not stated
2021 count
69
% of total
8.8%
69
8.8%
Data table
Housing loan repayments for Black Rock (Vic.). Monthly housing loan repayments. 2021 counts and percentages compared with Bayside (C).
| Category | 2021 count | 2021 % | Bayside (C) % |
|---|---|---|---|
| $299 or less | 44 | 5.6% | 5.8% |
| $300 - $599 | 16 | 2.1% | 2.5% |
| $600 - $999 | 40 | 5.1% | 3.5% |
| $1,000 - $1,199 | 28 | 3.6% | 2.8% |
| $1,200 - $1,399 | 29 | 3.7% | 3.0% |
| $1,400 - $1,599 | 23 | 2.9% | 3.0% |
| $1,600-$1,799 | 21 | 2.7% | 3.4% |
| $1,800 - $1,999 | 21 | 2.7% | 2.8% |
| $2,000 - $2,199 | 48 | 6.2% | 7.0% |
| $2,200 - $2,399 | 22 | 2.8% | 2.7% |
| $2,400-$2,599 | 26 | 3.3% | 3.5% |
| $2,600-$2,999 | 44 | 5.6% | 5.3% |
| $3,000-$3,999 | 110 | 14.1% | 15.8% |
| $4,000-$4,999 | 78 | 10.0% | 11.6% |
| $5000 and over | 161 | 20.6% | 20.2% |
| Not stated | 69 | 8.8% | 7.2% |
| Total | 780 | 100.0% | 100.0% |