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, $600 to $999 was the most common mortgage repayment band among households with a mortgage in Benalla, accounting for 19.6% (245 households). This share was higher than Benalla (RC) (18.4%).
Section overview
Monthly housing loan repayments
Benalla - Households (Enumerated)
This table summarises housing loan repayments for Benalla in 2021 for persons, with comparison against Benalla (RC).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Benalla, with comparison markers for Benalla (RC).
$299 or less
$300 - $599
$600 - $999
$1,000 - $1,199
$1,200 - $1,399
$1,400 - $1,599
$1,600-$1,799
$1,800 - $1,999
$2,000 - $2,199
$2,200 - $2,399
$2,400-$2,599
$2,600-$2,999
$3,000-$3,999
$4,000-$4,999
$5000 and over
Not stated
Data table
Housing loan repayments for Benalla. Monthly housing loan repayments. 2021 counts and percentages compared with Benalla (RC).
| Category | 2021 count | 2021 % | Benalla (RC) % |
|---|---|---|---|
| $299 or less | 60 | 4.8% | 5.8% |
| $300 - $599 | 94 | 7.5% | 7.0% |
| $600 - $999 | 245 | 19.6% | 18.4% |
| $1,000 - $1,199 | 154 | 12.3% | 11.4% |
| $1,200 - $1,399 | 140 | 11.2% | 10.5% |
| $1,400 - $1,599 | 124 | 9.9% | 9.3% |
| $1,600-$1,799 | 124 | 9.9% | 9.2% |
| $1,800 - $1,999 | 58 | 4.6% | 4.5% |
| $2,000 - $2,199 | 70 | 5.6% | 6.9% |
| $2,200 - $2,399 | 16 | 1.3% | 1.4% |
| $2,400-$2,599 | 11 | 0.9% | 1.0% |
| $2,600-$2,999 | 29 | 2.3% | 2.5% |
| $3,000-$3,999 | 33 | 2.6% | 3.2% |
| $4,000-$4,999 | 18 | 1.4% | 1.9% |
| $5000 and over | 14 | 1.1% | 1.2% |
| Not stated | 59 | 4.7% | 5.9% |
| Total | 1,249 | 100.0% | 100.0% |