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, $1,600 to $1,799 was the most common mortgage repayment band among households with a mortgage in Penrith, accounting for 13.7% (222 households). This share was higher than Penrith (C) (7.6%).

Section overview

Monthly housing loan repayments

Penrith - Households (Enumerated)

This table summarises housing loan repayments for Penrith in 2021 for persons, with comparison against Penrith (C).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Penrith, with comparison markers for Penrith (C).

Penrith
Penrith (C)

Nil Repayments

2021 count

38

% of total

2.3%

1 To 149

2021 count

15

% of total

0.9%

150 To 299

2021 count

8

% of total

0.5%

300 To 449

2021 count

18

% of total

1.1%

450 To 599

2021 count

10

% of total

0.6%

600 To 799

2021 count

30

% of total

1.8%

800 To 999

2021 count

61

% of total

3.8%

1000 To 1199

2021 count

96

% of total

5.9%

1200 To 1399

2021 count

111

% of total

6.8%

1400 To 1599

2021 count

158

% of total

9.7%

1600 To 1799

2021 count

222

% of total

13.7%

1800 To 1999

2021 count

120

% of total

7.4%

2000 To 2199

2021 count

193

% of total

11.9%

2200 To 2399

2021 count

105

% of total

6.5%

2400 To 2599

2021 count

86

% of total

5.3%

2600 To 2799

2021 count

81

% of total

5.0%

2800 To 2999

2021 count

42

% of total

2.6%

3000 To 3499

2021 count

69

% of total

4.2%

3500 To 3999

2021 count

17

% of total

1.0%

4000 To 4999

2021 count

25

% of total

1.5%

5000 And Over

2021 count

19

% of total

1.2%

Not stated

2021 count

101

% of total

6.2%

Data table

Housing loan repayments for Penrith. Monthly housing loan repayments. 2021 counts and percentages compared with Penrith (C).

Housing loan repayments for Penrith. Monthly housing loan repayments. 2021 counts and percentages compared with Penrith (C).
Housing loan repayments for Penrith. Monthly housing loan repayments. 2021 counts and percentages compared with Penrith (C).
Category2021 count2021 %Penrith (C) %
Nil Repayments382.3%2.3%
1 To 149150.9%0.6%
150 To 29980.5%0.6%
300 To 449181.1%1.1%
450 To 599100.6%1.0%
600 To 799301.8%1.9%
800 To 999613.8%2.7%
1000 To 1199965.9%3.8%
1200 To 13991116.8%5.0%
1400 To 15991589.7%5.8%
1600 To 179922213.7%7.6%
1800 To 19991207.4%6.2%
2000 To 219919311.9%11.6%
2200 To 23991056.5%6.6%
2400 To 2599865.3%5.5%
2600 To 2799815.0%7.7%
2800 To 2999422.6%4.6%
3000 To 3499694.2%10.1%
3500 To 3999171.0%2.9%
4000 To 4999251.5%3.5%
5000 And Over191.2%2.9%
Not stated1016.2%6.1%
Total1,625100.0%100.0%