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, $2,000 - $2,199 was the most common mortgage repayment band among households with a mortgage in Melbourne (part), accounting for 11.3% (416 households). This share was higher than Melbourne (C) (10.9%).
Section overview
Monthly housing loan repayments
Melbourne (part) - Households (Enumerated)
This table summarises housing loan repayments for Melbourne (part) in 2021 for persons, with comparison against Melbourne (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Melbourne (part), with comparison markers for Melbourne (C).
$299 or less
2021 count
235
% of total
6.4%
235
6.4%
$300 - $599
2021 count
78
% of total
2.1%
78
2.1%
$600 - $999
2021 count
191
% of total
5.2%
191
5.2%
$1,000 - $1,199
2021 count
204
% of total
5.5%
204
5.5%
$1,200 - $1,399
2021 count
326
% of total
8.9%
326
8.9%
$1,400 - $1,599
2021 count
359
% of total
9.8%
359
9.8%
$1,600-$1,799
2021 count
302
% of total
8.2%
302
8.2%
$1,800 - $1,999
2021 count
283
% of total
7.7%
283
7.7%
$2,000 - $2,199
2021 count
416
% of total
11.3%
416
11.3%
$2,200 - $2,399
2021 count
153
% of total
4.2%
153
4.2%
$2,400-$2,599
2021 count
160
% of total
4.4%
160
4.4%
$2,600-$2,999
2021 count
184
% of total
5.0%
184
5.0%
$3,000-$3,999
2021 count
273
% of total
7.4%
273
7.4%
$4,000-$4,999
2021 count
126
% of total
3.4%
126
3.4%
$5000 and over
2021 count
182
% of total
5.0%
182
5.0%
Not stated
2021 count
204
% of total
5.5%
204
5.5%
Data table
Housing loan repayments for Melbourne (part). Monthly housing loan repayments. 2021 counts and percentages compared with Melbourne (C).
| Category | 2021 count | 2021 % | Melbourne (C) % |
|---|---|---|---|
| $299 or less | 235 | 6.4% | 5.4% |
| $300 - $599 | 78 | 2.1% | 2.0% |
| $600 - $999 | 191 | 5.2% | 4.7% |
| $1,000 - $1,199 | 204 | 5.5% | 4.9% |
| $1,200 - $1,399 | 326 | 8.9% | 7.5% |
| $1,400 - $1,599 | 359 | 9.8% | 8.3% |
| $1,600-$1,799 | 302 | 8.2% | 8.2% |
| $1,800 - $1,999 | 283 | 7.7% | 6.8% |
| $2,000 - $2,199 | 416 | 11.3% | 10.9% |
| $2,200 - $2,399 | 153 | 4.2% | 4.4% |
| $2,400-$2,599 | 160 | 4.4% | 4.2% |
| $2,600-$2,999 | 184 | 5.0% | 5.6% |
| $3,000-$3,999 | 273 | 7.4% | 10.3% |
| $4,000-$4,999 | 126 | 3.4% | 5.0% |
| $5000 and over | 182 | 5.0% | 6.4% |
| Not stated | 204 | 5.5% | 5.3% |
| Total | 3,676 | 100.0% | 100.0% |