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, $2,000 - $2,199 was the most common mortgage repayment band among households with a mortgage in Cairnlea, accounting for 14.3% (199 households). This share was higher than Brimbank (C) (11.9%).
Section overview
Monthly housing loan repayments
Cairnlea - Households (Enumerated)
This table summarises housing loan repayments for Cairnlea in 2021 for persons, with comparison against Brimbank (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Cairnlea, with comparison markers for Brimbank (C).
$299 or less
2021 count
105
% of total
7.5%
105
7.5%
$300 - $599
2021 count
63
% of total
4.5%
63
4.5%
$600 - $999
2021 count
77
% of total
5.5%
77
5.5%
$1,000 - $1,199
2021 count
81
% of total
5.8%
81
5.8%
$1,200 - $1,399
2021 count
93
% of total
6.7%
93
6.7%
$1,400 - $1,599
2021 count
89
% of total
6.4%
89
6.4%
$1,600-$1,799
2021 count
100
% of total
7.2%
100
7.2%
$1,800 - $1,999
2021 count
80
% of total
5.8%
80
5.8%
$2,000 - $2,199
2021 count
199
% of total
14.3%
199
14.3%
$2,200 - $2,399
2021 count
72
% of total
5.2%
72
5.2%
$2,400-$2,599
2021 count
58
% of total
4.2%
58
4.2%
$2,600-$2,999
2021 count
90
% of total
6.5%
90
6.5%
$3,000-$3,999
2021 count
114
% of total
8.2%
114
8.2%
$4,000-$4,999
2021 count
37
% of total
2.7%
37
2.7%
$5000 and over
2021 count
28
% of total
2.0%
28
2.0%
Not stated
2021 count
105
% of total
7.5%
105
7.5%
Data table
Housing loan repayments for Cairnlea. Monthly housing loan repayments. 2021 counts and percentages compared with Brimbank (C).
| Category | 2021 count | 2021 % | Brimbank (C) % |
|---|---|---|---|
| $299 or less | 105 | 7.5% | 6.3% |
| $300 - $599 | 63 | 4.5% | 4.2% |
| $600 - $999 | 77 | 5.5% | 7.7% |
| $1,000 - $1,199 | 81 | 5.8% | 6.7% |
| $1,200 - $1,399 | 93 | 6.7% | 8.4% |
| $1,400 - $1,599 | 89 | 6.4% | 8.5% |
| $1,600-$1,799 | 100 | 7.2% | 8.9% |
| $1,800 - $1,999 | 80 | 5.8% | 6.7% |
| $2,000 - $2,199 | 199 | 14.3% | 11.9% |
| $2,200 - $2,399 | 72 | 5.2% | 4.3% |
| $2,400-$2,599 | 58 | 4.2% | 3.7% |
| $2,600-$2,999 | 90 | 6.5% | 5.0% |
| $3,000-$3,999 | 114 | 8.2% | 6.2% |
| $4,000-$4,999 | 37 | 2.7% | 2.2% |
| $5000 and over | 28 | 2.0% | 1.6% |
| Not stated | 105 | 7.5% | 7.8% |
| Total | 1,391 | 100.0% | 100.0% |