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, $600 to $999 was the most common mortgage repayment band among households with a mortgage in Greater Shepparton (C), accounting for 15.8% (1,307 households). This share was higher than Regional Vic. (13.8%).
Section overview
Monthly housing loan repayments
Greater Shepparton (C) - Households (Enumerated)
This table summarises housing loan repayments for Greater Shepparton (C) in 2021 for persons, with comparison against Regional Vic..
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Greater Shepparton (C), with comparison markers for Regional Vic..
$299 or less
2021 count
362
% of total
4.4%
362
4.4%
$300 - $599
2021 count
446
% of total
5.4%
446
5.4%
$600 - $999
2021 count
1,307
% of total
15.8%
1,307
15.8%
$1,000 - $1,199
2021 count
1,017
% of total
12.3%
1,017
12.3%
$1,200 - $1,399
2021 count
1,175
% of total
14.2%
1,175
14.2%
$1,400 - $1,599
2021 count
856
% of total
10.3%
856
10.3%
$1,600-$1,799
2021 count
753
% of total
9.1%
753
9.1%
$1,800 - $1,999
2021 count
411
% of total
5.0%
411
5.0%
$2,000 - $2,199
2021 count
598
% of total
7.2%
598
7.2%
$2,200 - $2,399
2021 count
134
% of total
1.6%
134
1.6%
$2,400-$2,599
2021 count
92
% of total
1.1%
92
1.1%
$2,600-$2,999
2021 count
233
% of total
2.8%
233
2.8%
$3,000-$3,999
2021 count
220
% of total
2.7%
220
2.7%
$4,000-$4,999
2021 count
111
% of total
1.3%
111
1.3%
$5000 and over
2021 count
78
% of total
0.9%
78
0.9%
Not stated
2021 count
478
% of total
5.8%
478
5.8%
Data table
Housing loan repayments for Greater Shepparton (C). Monthly housing loan repayments. 2021 counts and percentages compared with Regional Vic..
| Category | 2021 count | 2021 % | Regional Vic. % |
|---|---|---|---|
| $299 or less | 362 | 4.4% | 4.9% |
| $300 - $599 | 446 | 5.4% | 5.8% |
| $600 - $999 | 1,307 | 15.8% | 13.8% |
| $1,000 - $1,199 | 1,017 | 12.3% | 9.6% |
| $1,200 - $1,399 | 1,175 | 14.2% | 11.2% |
| $1,400 - $1,599 | 856 | 10.3% | 9.5% |
| $1,600-$1,799 | 753 | 9.1% | 9.4% |
| $1,800 - $1,999 | 411 | 5.0% | 5.7% |
| $2,000 - $2,199 | 598 | 7.2% | 8.0% |
| $2,200 - $2,399 | 134 | 1.6% | 2.8% |
| $2,400-$2,599 | 92 | 1.1% | 1.9% |
| $2,600-$2,999 | 233 | 2.8% | 4.1% |
| $3,000-$3,999 | 220 | 2.7% | 4.4% |
| $4,000-$4,999 | 111 | 1.3% | 1.7% |
| $5000 and over | 78 | 0.9% | 1.4% |
| Not stated | 478 | 5.8% | 5.9% |
| Total | 8,271 | 100.0% | 100.0% |