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, $2,600-$2,999 was the most common mortgage repayment band among households with a mortgage in Knoxfield, accounting for 11.3% (121 households). This share was higher than Knox (C) (8.8%).

Section overview

Monthly housing loan repayments

Knoxfield - Households (Enumerated)

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

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Knoxfield, with comparison markers for Knox (C).

Knoxfield
Knox (C)

$299 or less

2021 count

45

% of total

4.2%

$300 - $599

2021 count

38

% of total

3.6%

$600 - $999

2021 count

59

% of total

5.5%

$1,000 - $1,199

2021 count

43

% of total

4.0%

$1,200 - $1,399

2021 count

73

% of total

6.8%

$1,400 - $1,599

2021 count

86

% of total

8.1%

$1,600-$1,799

2021 count

74

% of total

6.9%

$1,800 - $1,999

2021 count

59

% of total

5.5%

$2,000 - $2,199

2021 count

112

% of total

10.5%

$2,200 - $2,399

2021 count

57

% of total

5.3%

$2,400-$2,599

2021 count

57

% of total

5.3%

$2,600-$2,999

2021 count

121

% of total

11.3%

$3,000-$3,999

2021 count

119

% of total

11.2%

$4,000-$4,999

2021 count

31

% of total

2.9%

$5000 and over

2021 count

22

% of total

2.1%

Not stated

2021 count

71

% of total

6.7%

Data table

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

Housing loan repayments for Knoxfield. Monthly housing loan repayments. 2021 counts and percentages compared with Knox (C).
Housing loan repayments for Knoxfield. Monthly housing loan repayments. 2021 counts and percentages compared with Knox (C).
Category2021 count2021 %Knox (C) %
$299 or less454.2%5.2%
$300 - $599383.6%3.2%
$600 - $999595.5%6.3%
$1,000 - $1,199434.0%4.8%
$1,200 - $1,399736.8%6.1%
$1,400 - $1,599868.1%6.7%
$1,600-$1,799746.9%7.2%
$1,800 - $1,999595.5%6.1%
$2,000 - $2,19911210.5%11.0%
$2,200 - $2,399575.3%5.9%
$2,400-$2,599575.3%5.7%
$2,600-$2,99912111.3%8.8%
$3,000-$3,99911911.2%11.5%
$4,000-$4,999312.9%3.3%
$5000 and over222.1%2.4%
Not stated716.7%5.9%
Total1,067100.0%100.0%