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, $1,000 to $1,199 was the most common mortgage repayment band among households with a mortgage in Mingenew, accounting for 57.1% (8 households). This share was higher than Mingenew (S) (40%).
Section overview
Monthly housing loan repayments
Mingenew - Households (Enumerated)
This table summarises housing loan repayments for Mingenew in 2021 for persons, with comparison against Mingenew (S).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Mingenew, with comparison markers for Mingenew (S).
Nil Repayments
2021 count
-
% of total
-
-
-
600 To 799
2021 count
3
% of total
21.4%
3
21.4%
1000 To 1199
2021 count
8
% of total
57.1%
8
57.1%
1200 To 1399
2021 count
3
% of total
21.4%
3
21.4%
Data table
Housing loan repayments for Mingenew. Monthly housing loan repayments. 2021 counts and percentages compared with Mingenew (S).
| Category | 2021 count | 2021 % | Mingenew (S) % |
|---|---|---|---|
| Nil Repayments | - | - | 20.0% |
| 600 To 799 | 3 | 21.4% | 25.0% |
| 1000 To 1199 | 8 | 57.1% | 40.0% |
| 1200 To 1399 | 3 | 21.4% | 15.0% |
| Total | 14 | 100.0% | 100.0% |