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 Highett (part), accounting for 16.7% (326 households). This share was higher than Bayside (C) (15.8%).
Section overview
Monthly housing loan repayments
Highett (part) - Households (Enumerated)
This table summarises housing loan repayments for Highett (part) in 2021 for persons, with comparison against Bayside (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Highett (part), with comparison markers for Bayside (C).
$299 or less
2021 count
86
% of total
4.4%
86
4.4%
$300 - $599
2021 count
58
% of total
3.0%
58
3.0%
$600 - $999
2021 count
63
% of total
3.2%
63
3.2%
$1,000 - $1,199
2021 count
58
% of total
3.0%
58
3.0%
$1,200 - $1,399
2021 count
89
% of total
4.6%
89
4.6%
$1,400 - $1,599
2021 count
116
% of total
5.9%
116
5.9%
$1,600-$1,799
2021 count
134
% of total
6.9%
134
6.9%
$1,800 - $1,999
2021 count
100
% of total
5.1%
100
5.1%
$2,000 - $2,199
2021 count
178
% of total
9.1%
178
9.1%
$2,200 - $2,399
2021 count
94
% of total
4.8%
94
4.8%
$2,400-$2,599
2021 count
92
% of total
4.7%
92
4.7%
$2,600-$2,999
2021 count
164
% of total
8.4%
164
8.4%
$3,000-$3,999
2021 count
326
% of total
16.7%
326
16.7%
$4,000-$4,999
2021 count
182
% of total
9.3%
182
9.3%
$5000 and over
2021 count
125
% of total
6.4%
125
6.4%
Not stated
2021 count
90
% of total
4.6%
90
4.6%
Data table
Housing loan repayments for Highett (part). Monthly housing loan repayments. 2021 counts and percentages compared with Bayside (C).
| Category | 2021 count | 2021 % | Bayside (C) % |
|---|---|---|---|
| $299 or less | 86 | 4.4% | 5.8% |
| $300 - $599 | 58 | 3.0% | 2.5% |
| $600 - $999 | 63 | 3.2% | 3.5% |
| $1,000 - $1,199 | 58 | 3.0% | 2.8% |
| $1,200 - $1,399 | 89 | 4.6% | 3.0% |
| $1,400 - $1,599 | 116 | 5.9% | 3.0% |
| $1,600-$1,799 | 134 | 6.9% | 3.4% |
| $1,800 - $1,999 | 100 | 5.1% | 2.8% |
| $2,000 - $2,199 | 178 | 9.1% | 7.0% |
| $2,200 - $2,399 | 94 | 4.8% | 2.7% |
| $2,400-$2,599 | 92 | 4.7% | 3.5% |
| $2,600-$2,999 | 164 | 8.4% | 5.3% |
| $3,000-$3,999 | 326 | 16.7% | 15.8% |
| $4,000-$4,999 | 182 | 9.3% | 11.6% |
| $5000 and over | 125 | 6.4% | 20.2% |
| Not stated | 90 | 4.6% | 7.2% |
| Total | 1,955 | 100.0% | 100.0% |