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 Langwarrin, accounting for 12.2% (526 households). This share was higher than Frankston (C) (11.7%).
Section overview
Monthly housing loan repayments
Langwarrin - Households (Enumerated)
This table summarises housing loan repayments for Langwarrin in 2021 for persons, with comparison against Frankston (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Langwarrin, with comparison markers for Frankston (C).
$299 or less
2021 count
186
% of total
4.3%
186
4.3%
$300 - $599
2021 count
134
% of total
3.1%
134
3.1%
$600 - $999
2021 count
310
% of total
7.2%
310
7.2%
$1,000 - $1,199
2021 count
216
% of total
5.0%
216
5.0%
$1,200 - $1,399
2021 count
319
% of total
7.4%
319
7.4%
$1,400 - $1,599
2021 count
331
% of total
7.7%
331
7.7%
$1,600-$1,799
2021 count
408
% of total
9.5%
408
9.5%
$1,800 - $1,999
2021 count
333
% of total
7.8%
333
7.8%
$2,000 - $2,199
2021 count
526
% of total
12.2%
526
12.2%
$2,200 - $2,399
2021 count
246
% of total
5.7%
246
5.7%
$2,400-$2,599
2021 count
189
% of total
4.4%
189
4.4%
$2,600-$2,999
2021 count
341
% of total
7.9%
341
7.9%
$3,000-$3,999
2021 count
332
% of total
7.7%
332
7.7%
$4,000-$4,999
2021 count
104
% of total
2.4%
104
2.4%
$5000 and over
2021 count
54
% of total
1.3%
54
1.3%
Not stated
2021 count
266
% of total
6.2%
266
6.2%
Data table
Housing loan repayments for Langwarrin. Monthly housing loan repayments. 2021 counts and percentages compared with Frankston (C).
| Category | 2021 count | 2021 % | Frankston (C) % |
|---|---|---|---|
| $299 or less | 186 | 4.3% | 4.2% |
| $300 - $599 | 134 | 3.1% | 3.5% |
| $600 - $999 | 310 | 7.2% | 7.4% |
| $1,000 - $1,199 | 216 | 5.0% | 5.8% |
| $1,200 - $1,399 | 319 | 7.4% | 7.5% |
| $1,400 - $1,599 | 331 | 7.7% | 8.0% |
| $1,600-$1,799 | 408 | 9.5% | 9.3% |
| $1,800 - $1,999 | 333 | 7.8% | 7.5% |
| $2,000 - $2,199 | 526 | 12.2% | 11.7% |
| $2,200 - $2,399 | 246 | 5.7% | 5.6% |
| $2,400-$2,599 | 189 | 4.4% | 4.2% |
| $2,600-$2,999 | 341 | 7.9% | 7.2% |
| $3,000-$3,999 | 332 | 7.7% | 7.7% |
| $4,000-$4,999 | 104 | 2.4% | 2.3% |
| $5000 and over | 54 | 1.3% | 1.7% |
| Not stated | 266 | 6.2% | 6.2% |
| Total | 4,295 | 100.0% | 100.0% |