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 Greenvale (Vic.), accounting for 12.9% (440 households). This share was lower than Hume (C) (13.3%).

Section overview

Monthly housing loan repayments

Greenvale (Vic.) - Households (Enumerated)

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

Chart view

Monthly housing loan repayments snapshot

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

Greenvale (Vic.)
Hume (C)

$299 or less

2021 count

141

% of total

4.1%

$300 - $599

2021 count

82

% of total

2.4%

$600 - $999

2021 count

146

% of total

4.3%

$1,000 - $1,199

2021 count

117

% of total

3.4%

$1,200 - $1,399

2021 count

161

% of total

4.7%

$1,400 - $1,599

2021 count

170

% of total

5.0%

$1,600-$1,799

2021 count

216

% of total

6.3%

$1,800 - $1,999

2021 count

222

% of total

6.5%

$2,000 - $2,199

2021 count

440

% of total

12.9%

$2,200 - $2,399

2021 count

243

% of total

7.1%

$2,400-$2,599

2021 count

224

% of total

6.6%

$2,600-$2,999

2021 count

314

% of total

9.2%

$3,000-$3,999

2021 count

397

% of total

11.6%

$4,000-$4,999

2021 count

139

% of total

4.1%

$5000 and over

2021 count

109

% of total

3.2%

Not stated

2021 count

288

% of total

8.4%

Data table

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

Housing loan repayments for Greenvale (Vic.). Monthly housing loan repayments. 2021 counts and percentages compared with Hume (C).
Housing loan repayments for Greenvale (Vic.). Monthly housing loan repayments. 2021 counts and percentages compared with Hume (C).
Category2021 count2021 %Hume (C) %
$299 or less1414.1%3.9%
$300 - $599822.4%2.7%
$600 - $9991464.3%5.8%
$1,000 - $1,1991173.4%5.1%
$1,200 - $1,3991614.7%7.4%
$1,400 - $1,5991705.0%8.8%
$1,600-$1,7992166.3%10.8%
$1,800 - $1,9992226.5%9.3%
$2,000 - $2,19944012.9%13.3%
$2,200 - $2,3992437.1%6.0%
$2,400-$2,5992246.6%4.4%
$2,600-$2,9993149.2%5.4%
$3,000-$3,99939711.6%6.0%
$4,000-$4,9991394.1%2.1%
$5000 and over1093.2%1.8%
Not stated2888.4%7.1%
Total3,409100.0%100.0%