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, $3,000 to $3,499 was the most common mortgage repayment band among households with a mortgage in Sandhurst, accounting for 12.5% (122 households). This share was higher than Frankston (C) (5.9%).

Section overview

Monthly housing loan repayments

Sandhurst - Households (Enumerated)

This table summarises housing loan repayments for Sandhurst in 2021 for persons, with comparison against Frankston (C).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Sandhurst, with comparison markers for Frankston (C).

Sandhurst
Frankston (C)

Nil Repayments

2021 count

23

% of total

2.3%

1 To 149

2021 count

11

% of total

1.1%

150 To 299

2021 count

10

% of total

1.0%

300 To 449

2021 count

8

% of total

0.8%

450 To 599

2021 count

6

% of total

0.6%

600 To 799

2021 count

14

% of total

1.4%

800 To 999

2021 count

16

% of total

1.6%

1000 To 1199

2021 count

34

% of total

3.5%

1200 To 1399

2021 count

52

% of total

5.3%

1400 To 1599

2021 count

41

% of total

4.2%

1600 To 1799

2021 count

38

% of total

3.9%

1800 To 1999

2021 count

54

% of total

5.5%

2000 To 2199

2021 count

107

% of total

10.9%

2200 To 2399

2021 count

59

% of total

6.0%

2400 To 2599

2021 count

67

% of total

6.8%

2600 To 2799

2021 count

76

% of total

7.8%

2800 To 2999

2021 count

53

% of total

5.4%

3000 To 3499

2021 count

122

% of total

12.5%

3500 To 3999

2021 count

44

% of total

4.5%

4000 To 4999

2021 count

52

% of total

5.3%

5000 And Over

2021 count

38

% of total

3.9%

Not stated

2021 count

54

% of total

5.5%

Data table

Housing loan repayments for Sandhurst. Monthly housing loan repayments. 2021 counts and percentages compared with Frankston (C).

Housing loan repayments for Sandhurst. Monthly housing loan repayments. 2021 counts and percentages compared with Frankston (C).
Housing loan repayments for Sandhurst. Monthly housing loan repayments. 2021 counts and percentages compared with Frankston (C).
Category2021 count2021 %Frankston (C) %
Nil Repayments232.3%2.3%
1 To 149111.1%0.9%
150 To 299101.0%1.0%
300 To 44980.8%1.9%
450 To 59960.6%1.6%
600 To 799141.4%3.2%
800 To 999161.6%4.3%
1000 To 1199343.5%5.8%
1200 To 1399525.3%7.5%
1400 To 1599414.2%8.0%
1600 To 1799383.9%9.3%
1800 To 1999545.5%7.5%
2000 To 219910710.9%11.7%
2200 To 2399596.0%5.6%
2400 To 2599676.8%4.2%
2600 To 2799767.8%5.0%
2800 To 2999535.4%2.3%
3000 To 349912212.5%5.9%
3500 To 3999444.5%1.8%
4000 To 4999525.3%2.3%
5000 And Over383.9%1.7%
Not stated545.5%6.2%
Total979100.0%100.0%