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 to $2,199 was the most common mortgage repayment band among households with a mortgage in Broome, accounting for 10.9% (29 households). This share was higher than Broome (S) (10.6%).

Section overview

Monthly housing loan repayments

Broome - Households (Enumerated)

This table summarises housing loan repayments for Broome in 2021 for persons, with comparison against Broome (S).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Broome, with comparison markers for Broome (S).

Broome
Broome (S)

Nil Repayments

2021 count

10

% of total

3.8%

1 To 149

2021 count

-

% of total

-

150 To 299

2021 count

3

% of total

1.1%

300 To 449

2021 count

-

% of total

-

450 To 599

2021 count

-

% of total

-

600 To 799

2021 count

18

% of total

6.8%

800 To 999

2021 count

12

% of total

4.5%

1000 To 1199

2021 count

15

% of total

5.7%

1200 To 1399

2021 count

4

% of total

1.5%

1400 To 1599

2021 count

28

% of total

10.6%

1600 To 1799

2021 count

26

% of total

9.8%

1800 To 1999

2021 count

11

% of total

4.2%

2000 To 2199

2021 count

29

% of total

10.9%

2200 To 2399

2021 count

12

% of total

4.5%

2400 To 2599

2021 count

14

% of total

5.3%

2600 To 2799

2021 count

16

% of total

6.0%

2800 To 2999

2021 count

9

% of total

3.4%

3000 To 3499

2021 count

20

% of total

7.5%

3500 To 3999

2021 count

-

% of total

-

4000 To 4999

2021 count

12

% of total

4.5%

5000 And Over

2021 count

9

% of total

3.4%

Not stated

2021 count

17

% of total

6.4%

Data table

Housing loan repayments for Broome. Monthly housing loan repayments. 2021 counts and percentages compared with Broome (S).

Housing loan repayments for Broome. Monthly housing loan repayments. 2021 counts and percentages compared with Broome (S).
Housing loan repayments for Broome. Monthly housing loan repayments. 2021 counts and percentages compared with Broome (S).
Category2021 count2021 %Broome (S) %
Nil Repayments103.8%2.3%
1 To 149--0.7%
150 To 29931.1%0.3%
300 To 449--0.7%
450 To 599--0.8%
600 To 799186.8%2.5%
800 To 999124.5%3.4%
1000 To 1199155.7%3.9%
1200 To 139941.5%4.6%
1400 To 15992810.6%5.5%
1600 To 1799269.8%7.1%
1800 To 1999114.2%6.6%
2000 To 21992910.9%10.6%
2200 To 2399124.5%5.5%
2400 To 2599145.3%4.9%
2600 To 2799166.0%6.9%
2800 To 299993.4%3.2%
3000 To 3499207.5%11.8%
3500 To 3999--3.6%
4000 To 4999124.5%5.1%
5000 And Over93.4%3.2%
Not stated176.4%6.6%
Total265100.0%100.0%