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, $1,200 - $1,399 was the most common mortgage repayment band among households with a mortgage in North Mackay, accounting for 14.4% (108 households). This share was higher than Mackay (R) (10.2%).

Section overview

Monthly housing loan repayments

North Mackay - Households (Enumerated)

This table summarises housing loan repayments for North Mackay in 2021 for persons, with comparison against Mackay (R).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for North Mackay, with comparison markers for Mackay (R).

North Mackay
Mackay (R)

$299 or less

2021 count

35

% of total

4.7%

$300 - $599

2021 count

25

% of total

3.3%

$600 - $999

2021 count

75

% of total

10.0%

$1,000 - $1,199

2021 count

87

% of total

11.6%

$1,200 - $1,399

2021 count

108

% of total

14.4%

$1,400 - $1,599

2021 count

78

% of total

10.4%

$1,600-$1,799

2021 count

88

% of total

11.7%

$1,800 - $1,999

2021 count

49

% of total

6.5%

$2,000 - $2,199

2021 count

60

% of total

8.0%

$2,200 - $2,399

2021 count

13

% of total

1.7%

$2,400-$2,599

2021 count

15

% of total

2.0%

$2,600-$2,999

2021 count

26

% of total

3.5%

$3,000-$3,999

2021 count

30

% of total

4.0%

$4,000-$4,999

2021 count

6

% of total

0.8%

$5000 and over

2021 count

8

% of total

1.1%

Not stated

2021 count

47

% of total

6.3%

Data table

Housing loan repayments for North Mackay. Monthly housing loan repayments. 2021 counts and percentages compared with Mackay (R).

Housing loan repayments for North Mackay. Monthly housing loan repayments. 2021 counts and percentages compared with Mackay (R).
Housing loan repayments for North Mackay. Monthly housing loan repayments. 2021 counts and percentages compared with Mackay (R).
Category2021 count2021 %Mackay (R) %
$299 or less354.7%3.9%
$300 - $599253.3%2.8%
$600 - $9997510.0%7.1%
$1,000 - $1,1998711.6%6.9%
$1,200 - $1,39910814.4%10.2%
$1,400 - $1,5997810.4%9.6%
$1,600-$1,7998811.7%11.5%
$1,800 - $1,999496.5%7.9%
$2,000 - $2,199608.0%11.4%
$2,200 - $2,399131.7%4.0%
$2,400-$2,599152.0%2.6%
$2,600-$2,999263.5%6.8%
$3,000-$3,999304.0%5.8%
$4,000-$4,99960.8%1.9%
$5000 and over81.1%1.4%
Not stated476.3%6.3%
Total750100.0%100.0%