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 Redlynch, accounting for 14% (241 households). This share was higher than Cairns (R) (9.7%).
Section overview
Monthly housing loan repayments
Redlynch - Households (Enumerated)
This table summarises housing loan repayments for Redlynch in 2021 for persons, with comparison against Cairns (R).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Redlynch, with comparison markers for Cairns (R).
$299 or less
2021 count
61
% of total
3.5%
61
3.5%
$300 - $599
2021 count
39
% of total
2.3%
39
2.3%
$600 - $999
2021 count
105
% of total
6.1%
105
6.1%
$1,000 - $1,199
2021 count
80
% of total
4.6%
80
4.6%
$1,200 - $1,399
2021 count
111
% of total
6.4%
111
6.4%
$1,400 - $1,599
2021 count
154
% of total
8.9%
154
8.9%
$1,600-$1,799
2021 count
218
% of total
12.7%
218
12.7%
$1,800 - $1,999
2021 count
172
% of total
10.0%
172
10.0%
$2,000 - $2,199
2021 count
241
% of total
14.0%
241
14.0%
$2,200 - $2,399
2021 count
94
% of total
5.5%
94
5.5%
$2,400-$2,599
2021 count
48
% of total
2.8%
48
2.8%
$2,600-$2,999
2021 count
122
% of total
7.1%
122
7.1%
$3,000-$3,999
2021 count
128
% of total
7.4%
128
7.4%
$4,000-$4,999
2021 count
33
% of total
1.9%
33
1.9%
$5000 and over
2021 count
28
% of total
1.6%
28
1.6%
Not stated
2021 count
88
% of total
5.1%
88
5.1%
Data table
Housing loan repayments for Redlynch. Monthly housing loan repayments. 2021 counts and percentages compared with Cairns (R).
| Category | 2021 count | 2021 % | Cairns (R) % |
|---|---|---|---|
| $299 or less | 61 | 3.5% | 4.1% |
| $300 - $599 | 39 | 2.3% | 3.6% |
| $600 - $999 | 105 | 6.1% | 10.2% |
| $1,000 - $1,199 | 80 | 4.6% | 7.5% |
| $1,200 - $1,399 | 111 | 6.4% | 11.1% |
| $1,400 - $1,599 | 154 | 8.9% | 10.8% |
| $1,600-$1,799 | 218 | 12.7% | 11.8% |
| $1,800 - $1,999 | 172 | 10.0% | 7.4% |
| $2,000 - $2,199 | 241 | 14.0% | 9.7% |
| $2,200 - $2,399 | 94 | 5.5% | 3.4% |
| $2,400-$2,599 | 48 | 2.8% | 1.9% |
| $2,600-$2,999 | 122 | 7.1% | 4.9% |
| $3,000-$3,999 | 128 | 7.4% | 4.9% |
| $4,000-$4,999 | 33 | 1.9% | 1.6% |
| $5000 and over | 28 | 1.6% | 1.3% |
| Not stated | 88 | 5.1% | 5.7% |
| Total | 1,722 | 100.0% | 100.0% |