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 Seaford (Vic.), accounting for 12.5% (321 households). This share was higher than Frankston (C) (11.7%).
Section overview
Monthly housing loan repayments
Seaford (Vic.) - Households (Enumerated)
This table summarises housing loan repayments for Seaford (Vic.) in 2021 for persons, with comparison against Frankston (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Seaford (Vic.), with comparison markers for Frankston (C).
$299 or less
2021 count
112
% of total
4.4%
112
4.4%
$300 - $599
2021 count
104
% of total
4.1%
104
4.1%
$600 - $999
2021 count
198
% of total
7.7%
198
7.7%
$1,000 - $1,199
2021 count
135
% of total
5.3%
135
5.3%
$1,200 - $1,399
2021 count
156
% of total
6.1%
156
6.1%
$1,400 - $1,599
2021 count
192
% of total
7.5%
192
7.5%
$1,600-$1,799
2021 count
241
% of total
9.4%
241
9.4%
$1,800 - $1,999
2021 count
166
% of total
6.5%
166
6.5%
$2,000 - $2,199
2021 count
321
% of total
12.5%
321
12.5%
$2,200 - $2,399
2021 count
138
% of total
5.4%
138
5.4%
$2,400-$2,599
2021 count
120
% of total
4.7%
120
4.7%
$2,600-$2,999
2021 count
205
% of total
8.0%
205
8.0%
$3,000-$3,999
2021 count
202
% of total
7.9%
202
7.9%
$4,000-$4,999
2021 count
63
% of total
2.5%
63
2.5%
$5000 and over
2021 count
34
% of total
1.3%
34
1.3%
Not stated
2021 count
180
% of total
7.0%
180
7.0%
Data table
Housing loan repayments for Seaford (Vic.). Monthly housing loan repayments. 2021 counts and percentages compared with Frankston (C).
| Category | 2021 count | 2021 % | Frankston (C) % |
|---|---|---|---|
| $299 or less | 112 | 4.4% | 4.2% |
| $300 - $599 | 104 | 4.1% | 3.5% |
| $600 - $999 | 198 | 7.7% | 7.4% |
| $1,000 - $1,199 | 135 | 5.3% | 5.8% |
| $1,200 - $1,399 | 156 | 6.1% | 7.5% |
| $1,400 - $1,599 | 192 | 7.5% | 8.0% |
| $1,600-$1,799 | 241 | 9.4% | 9.3% |
| $1,800 - $1,999 | 166 | 6.5% | 7.5% |
| $2,000 - $2,199 | 321 | 12.5% | 11.7% |
| $2,200 - $2,399 | 138 | 5.4% | 5.6% |
| $2,400-$2,599 | 120 | 4.7% | 4.2% |
| $2,600-$2,999 | 205 | 8.0% | 7.2% |
| $3,000-$3,999 | 202 | 7.9% | 7.7% |
| $4,000-$4,999 | 63 | 2.5% | 2.3% |
| $5000 and over | 34 | 1.3% | 1.7% |
| Not stated | 180 | 7.0% | 6.2% |
| Total | 2,567 | 100.0% | 100.0% |