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 Craigieburn, accounting for 14.4% (1,463 households). This share was higher than Hume (C) (13.3%).

Section overview

Monthly housing loan repayments

Craigieburn - Households (Enumerated)

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

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Craigieburn, with comparison markers for Hume (C).

Craigieburn
Hume (C)

$299 or less

2021 count

306

% of total

3.0%

$300 - $599

2021 count

216

% of total

2.1%

$600 - $999

2021 count

490

% of total

4.8%

$1,000 - $1,199

2021 count

452

% of total

4.4%

$1,200 - $1,399

2021 count

725

% of total

7.1%

$1,400 - $1,599

2021 count

914

% of total

9.0%

$1,600-$1,799

2021 count

1,210

% of total

11.9%

$1,800 - $1,999

2021 count

1,086

% of total

10.7%

$2,000 - $2,199

2021 count

1,463

% of total

14.4%

$2,200 - $2,399

2021 count

696

% of total

6.8%

$2,400-$2,599

2021 count

492

% of total

4.8%

$2,600-$2,999

2021 count

493

% of total

4.8%

$3,000-$3,999

2021 count

598

% of total

5.9%

$4,000-$4,999

2021 count

159

% of total

1.6%

$5000 and over

2021 count

170

% of total

1.7%

Not stated

2021 count

718

% of total

7.0%

Data table

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

Housing loan repayments for Craigieburn. Monthly housing loan repayments. 2021 counts and percentages compared with Hume (C).
Housing loan repayments for Craigieburn. Monthly housing loan repayments. 2021 counts and percentages compared with Hume (C).
Category2021 count2021 %Hume (C) %
$299 or less3063.0%3.9%
$300 - $5992162.1%2.7%
$600 - $9994904.8%5.8%
$1,000 - $1,1994524.4%5.1%
$1,200 - $1,3997257.1%7.4%
$1,400 - $1,5999149.0%8.8%
$1,600-$1,7991,21011.9%10.8%
$1,800 - $1,9991,08610.7%9.3%
$2,000 - $2,1991,46314.4%13.3%
$2,200 - $2,3996966.8%6.0%
$2,400-$2,5994924.8%4.4%
$2,600-$2,9994934.8%5.4%
$3,000-$3,9995985.9%6.0%
$4,000-$4,9991591.6%2.1%
$5000 and over1701.7%1.8%
Not stated7187.0%7.1%
Total10,188100.0%100.0%