Housing loan repayments

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.

Related topics

• Housing tenure
• Housing loan quartiles
• Housing rental payments
• Housing rental quartiles