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 Deer Park, accounting for 13% (275 households). This share was higher than Brimbank (C) (11.9%).
Section overview
Monthly housing loan repayments
Deer Park - Households (Enumerated)
This table summarises housing loan repayments for Deer Park in 2021 for persons, with comparison against Brimbank (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Deer Park, with comparison markers for Brimbank (C).
$299 or less
2021 count
107
% of total
5.0%
107
5.0%
$300 - $599
2021 count
61
% of total
2.9%
61
2.9%
$600 - $999
2021 count
141
% of total
6.6%
141
6.6%
$1,000 - $1,199
2021 count
143
% of total
6.7%
143
6.7%
$1,200 - $1,399
2021 count
219
% of total
10.3%
219
10.3%
$1,400 - $1,599
2021 count
207
% of total
9.8%
207
9.8%
$1,600-$1,799
2021 count
234
% of total
11.0%
234
11.0%
$1,800 - $1,999
2021 count
172
% of total
8.1%
172
8.1%
$2,000 - $2,199
2021 count
275
% of total
13.0%
275
13.0%
$2,200 - $2,399
2021 count
89
% of total
4.2%
89
4.2%
$2,400-$2,599
2021 count
74
% of total
3.5%
74
3.5%
$2,600-$2,999
2021 count
90
% of total
4.2%
90
4.2%
$3,000-$3,999
2021 count
106
% of total
5.0%
106
5.0%
$4,000-$4,999
2021 count
24
% of total
1.1%
24
1.1%
$5000 and over
2021 count
23
% of total
1.1%
23
1.1%
Not stated
2021 count
158
% of total
7.4%
158
7.4%
Data table
Housing loan repayments for Deer Park. Monthly housing loan repayments. 2021 counts and percentages compared with Brimbank (C).
| Category | 2021 count | 2021 % | Brimbank (C) % |
|---|---|---|---|
| $299 or less | 107 | 5.0% | 6.3% |
| $300 - $599 | 61 | 2.9% | 4.2% |
| $600 - $999 | 141 | 6.6% | 7.7% |
| $1,000 - $1,199 | 143 | 6.7% | 6.7% |
| $1,200 - $1,399 | 219 | 10.3% | 8.4% |
| $1,400 - $1,599 | 207 | 9.8% | 8.5% |
| $1,600-$1,799 | 234 | 11.0% | 8.9% |
| $1,800 - $1,999 | 172 | 8.1% | 6.7% |
| $2,000 - $2,199 | 275 | 13.0% | 11.9% |
| $2,200 - $2,399 | 89 | 4.2% | 4.3% |
| $2,400-$2,599 | 74 | 3.5% | 3.7% |
| $2,600-$2,999 | 90 | 4.2% | 5.0% |
| $3,000-$3,999 | 106 | 5.0% | 6.2% |
| $4,000-$4,999 | 24 | 1.1% | 2.2% |
| $5000 and over | 23 | 1.1% | 1.6% |
| Not stated | 158 | 7.4% | 7.8% |
| Total | 2,123 | 100.0% | 100.0% |