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, $600 to $999 was the most common mortgage repayment band among households with a mortgage in Northern Grampians (S), accounting for 30.3% (401 households). This share was higher than Regional Vic. (13.8%).
Section overview
Monthly housing loan repayments
Northern Grampians (S) - Households (Enumerated)
This table summarises housing loan repayments for Northern Grampians (S) in 2021 for persons, with comparison against Regional Vic..
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Northern Grampians (S), with comparison markers for Regional Vic..
$299 or less
2021 count
78
% of total
5.9%
78
5.9%
$300 - $599
2021 count
168
% of total
12.7%
168
12.7%
$600 - $999
2021 count
401
% of total
30.3%
401
30.3%
$1,000 - $1,199
2021 count
180
% of total
13.6%
180
13.6%
$1,200 - $1,399
2021 count
142
% of total
10.7%
142
10.7%
$1,400 - $1,599
2021 count
77
% of total
5.8%
77
5.8%
$1,600-$1,799
2021 count
79
% of total
6.0%
79
6.0%
$1,800 - $1,999
2021 count
25
% of total
1.9%
25
1.9%
$2,000 - $2,199
2021 count
33
% of total
2.5%
33
2.5%
$2,200 - $2,399
2021 count
12
% of total
0.9%
12
0.9%
$2,400-$2,599
2021 count
10
% of total
0.8%
10
0.8%
$2,600-$2,999
2021 count
14
% of total
1.1%
14
1.1%
$3,000-$3,999
2021 count
16
% of total
1.2%
16
1.2%
$4,000-$4,999
2021 count
11
% of total
0.8%
11
0.8%
$5000 and over
2021 count
9
% of total
0.7%
9
0.7%
Not stated
2021 count
70
% of total
5.3%
70
5.3%
Data table
Housing loan repayments for Northern Grampians (S). Monthly housing loan repayments. 2021 counts and percentages compared with Regional Vic..
| Category | 2021 count | 2021 % | Regional Vic. % |
|---|---|---|---|
| $299 or less | 78 | 5.9% | 4.9% |
| $300 - $599 | 168 | 12.7% | 5.8% |
| $600 - $999 | 401 | 30.3% | 13.8% |
| $1,000 - $1,199 | 180 | 13.6% | 9.6% |
| $1,200 - $1,399 | 142 | 10.7% | 11.2% |
| $1,400 - $1,599 | 77 | 5.8% | 9.5% |
| $1,600-$1,799 | 79 | 6.0% | 9.4% |
| $1,800 - $1,999 | 25 | 1.9% | 5.7% |
| $2,000 - $2,199 | 33 | 2.5% | 8.0% |
| $2,200 - $2,399 | 12 | 0.9% | 2.8% |
| $2,400-$2,599 | 10 | 0.8% | 1.9% |
| $2,600-$2,999 | 14 | 1.1% | 4.1% |
| $3,000-$3,999 | 16 | 1.2% | 4.4% |
| $4,000-$4,999 | 11 | 0.8% | 1.7% |
| $5000 and over | 9 | 0.7% | 1.4% |
| Not stated | 70 | 5.3% | 5.9% |
| Total | 1,325 | 100.0% | 100.0% |