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 Sunshine North, accounting for 12.1% (134 households). This share was similar to Brimbank (C) (11.9%).

Section overview

Monthly housing loan repayments

Sunshine North - Households (Enumerated)

This table summarises housing loan repayments for Sunshine North in 2021 for persons, with comparison against Brimbank (C).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Sunshine North, with comparison markers for Brimbank (C).

Sunshine North
Brimbank (C)

$299 or less

2021 count

84

% of total

7.6%

$300 - $599

2021 count

40

% of total

3.6%

$600 - $999

2021 count

71

% of total

6.4%

$1,000 - $1,199

2021 count

63

% of total

5.7%

$1,200 - $1,399

2021 count

88

% of total

7.9%

$1,400 - $1,599

2021 count

87

% of total

7.8%

$1,600-$1,799

2021 count

92

% of total

8.3%

$1,800 - $1,999

2021 count

67

% of total

6.0%

$2,000 - $2,199

2021 count

134

% of total

12.1%

$2,200 - $2,399

2021 count

58

% of total

5.2%

$2,400-$2,599

2021 count

47

% of total

4.2%

$2,600-$2,999

2021 count

61

% of total

5.5%

$3,000-$3,999

2021 count

84

% of total

7.6%

$4,000-$4,999

2021 count

29

% of total

2.6%

$5000 and over

2021 count

16

% of total

1.4%

Not stated

2021 count

88

% of total

7.9%

Data table

Housing loan repayments for Sunshine North. Monthly housing loan repayments. 2021 counts and percentages compared with Brimbank (C).

Housing loan repayments for Sunshine North. Monthly housing loan repayments. 2021 counts and percentages compared with Brimbank (C).
Housing loan repayments for Sunshine North. Monthly housing loan repayments. 2021 counts and percentages compared with Brimbank (C).
Category2021 count2021 %Brimbank (C) %
$299 or less847.6%6.3%
$300 - $599403.6%4.2%
$600 - $999716.4%7.7%
$1,000 - $1,199635.7%6.7%
$1,200 - $1,399887.9%8.4%
$1,400 - $1,599877.8%8.5%
$1,600-$1,799928.3%8.9%
$1,800 - $1,999676.0%6.7%
$2,000 - $2,19913412.1%11.9%
$2,200 - $2,399585.2%4.3%
$2,400-$2,599474.2%3.7%
$2,600-$2,999615.5%5.0%
$3,000-$3,999847.6%6.2%
$4,000-$4,999292.6%2.2%
$5000 and over161.4%1.6%
Not stated887.9%7.8%
Total1,109100.0%100.0%