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 Inverell, accounting for 19.4% (365 households). This share was higher than Regional NSW (9.7%).
Section overview
Monthly housing loan repayments
Inverell - Households (Enumerated)
This table summarises housing loan repayments for Inverell in 2021 for persons, with comparison against Regional NSW.
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Inverell, with comparison markers for Regional NSW.
$299 or less
2021 count
117
% of total
6.2%
117
6.2%
$300 - $599
2021 count
135
% of total
7.2%
135
7.2%
$600 - $999
2021 count
365
% of total
19.4%
365
19.4%
$1,000 - $1,199
2021 count
259
% of total
13.8%
259
13.8%
$1,200 - $1,399
2021 count
243
% of total
12.9%
243
12.9%
$1,400 - $1,599
2021 count
149
% of total
7.9%
149
7.9%
$1,600-$1,799
2021 count
112
% of total
5.9%
112
5.9%
$1,800 - $1,999
2021 count
81
% of total
4.3%
81
4.3%
$2,000 - $2,199
2021 count
120
% of total
6.4%
120
6.4%
$2,200 - $2,399
2021 count
37
% of total
2.0%
37
2.0%
$2,400-$2,599
2021 count
28
% of total
1.5%
28
1.5%
$2,600-$2,999
2021 count
46
% of total
2.4%
46
2.4%
$3,000-$3,999
2021 count
48
% of total
2.5%
48
2.5%
$4,000-$4,999
2021 count
21
% of total
1.1%
21
1.1%
$5000 and over
2021 count
21
% of total
1.1%
21
1.1%
Not stated
2021 count
101
% of total
5.4%
101
5.4%
Data table
Housing loan repayments for Inverell. Monthly housing loan repayments. 2021 counts and percentages compared with Regional NSW.
| Category | 2021 count | 2021 % | Regional NSW % |
|---|---|---|---|
| $299 or less | 117 | 6.2% | 4.9% |
| $300 - $599 | 135 | 7.2% | 4.3% |
| $600 - $999 | 365 | 19.4% | 9.7% |
| $1,000 - $1,199 | 259 | 13.8% | 7.0% |
| $1,200 - $1,399 | 243 | 12.9% | 8.8% |
| $1,400 - $1,599 | 149 | 7.9% | 7.9% |
| $1,600-$1,799 | 112 | 5.9% | 9.1% |
| $1,800 - $1,999 | 81 | 4.3% | 6.4% |
| $2,000 - $2,199 | 120 | 6.4% | 10.0% |
| $2,200 - $2,399 | 37 | 2.0% | 4.2% |
| $2,400-$2,599 | 28 | 1.5% | 2.8% |
| $2,600-$2,999 | 46 | 2.4% | 7.0% |
| $3,000-$3,999 | 48 | 2.5% | 7.5% |
| $4,000-$4,999 | 21 | 1.1% | 2.7% |
| $5000 and over | 21 | 1.1% | 2.1% |
| Not stated | 101 | 5.4% | 5.7% |
| Total | 1,883 | 100.0% | 100.0% |