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, $1,400 - $1,599 was the most common mortgage repayment band among households with a mortgage in Meadow Heights, accounting for 13.1% (214 households). This share was higher than Hume (C) (8.8%).
Section overview
Monthly housing loan repayments
Meadow Heights - Households (Enumerated)
This table summarises housing loan repayments for Meadow Heights in 2021 for persons, with comparison against Hume (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Meadow Heights, with comparison markers for Hume (C).
$299 or less
2021 count
121
% of total
7.4%
121
7.4%
$300 - $599
2021 count
92
% of total
5.6%
92
5.6%
$600 - $999
2021 count
170
% of total
10.4%
170
10.4%
$1,000 - $1,199
2021 count
129
% of total
7.9%
129
7.9%
$1,200 - $1,399
2021 count
163
% of total
10.0%
163
10.0%
$1,400 - $1,599
2021 count
214
% of total
13.1%
214
13.1%
$1,600-$1,799
2021 count
173
% of total
10.6%
173
10.6%
$1,800 - $1,999
2021 count
98
% of total
6.0%
98
6.0%
$2,000 - $2,199
2021 count
145
% of total
8.9%
145
8.9%
$2,200 - $2,399
2021 count
34
% of total
2.1%
34
2.1%
$2,400-$2,599
2021 count
29
% of total
1.8%
29
1.8%
$2,600-$2,999
2021 count
36
% of total
2.2%
36
2.2%
$3,000-$3,999
2021 count
47
% of total
2.9%
47
2.9%
$4,000-$4,999
2021 count
21
% of total
1.3%
21
1.3%
$5000 and over
2021 count
12
% of total
0.7%
12
0.7%
Not stated
2021 count
149
% of total
9.1%
149
9.1%
Data table
Housing loan repayments for Meadow Heights. Monthly housing loan repayments. 2021 counts and percentages compared with Hume (C).
| Category | 2021 count | 2021 % | Hume (C) % |
|---|---|---|---|
| $299 or less | 121 | 7.4% | 3.9% |
| $300 - $599 | 92 | 5.6% | 2.7% |
| $600 - $999 | 170 | 10.4% | 5.8% |
| $1,000 - $1,199 | 129 | 7.9% | 5.1% |
| $1,200 - $1,399 | 163 | 10.0% | 7.4% |
| $1,400 - $1,599 | 214 | 13.1% | 8.8% |
| $1,600-$1,799 | 173 | 10.6% | 10.8% |
| $1,800 - $1,999 | 98 | 6.0% | 9.3% |
| $2,000 - $2,199 | 145 | 8.9% | 13.3% |
| $2,200 - $2,399 | 34 | 2.1% | 6.0% |
| $2,400-$2,599 | 29 | 1.8% | 4.4% |
| $2,600-$2,999 | 36 | 2.2% | 5.4% |
| $3,000-$3,999 | 47 | 2.9% | 6.0% |
| $4,000-$4,999 | 21 | 1.3% | 2.1% |
| $5000 and over | 12 | 0.7% | 1.8% |
| Not stated | 149 | 9.1% | 7.1% |
| Total | 1,633 | 100.0% | 100.0% |