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 Mount Cotton, accounting for 16.4% (251 households). This share was higher than Redland (C) (13.2%).
Section overview
Monthly housing loan repayments
Mount Cotton - Households (Enumerated)
This table summarises housing loan repayments for Mount Cotton in 2021 for persons, with comparison against Redland (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Mount Cotton, with comparison markers for Redland (C).
$299 or less
2021 count
44
% of total
2.9%
44
2.9%
$300 - $599
2021 count
25
% of total
1.6%
25
1.6%
$600 - $999
2021 count
47
% of total
3.1%
47
3.1%
$1,000 - $1,199
2021 count
45
% of total
2.9%
45
2.9%
$1,200 - $1,399
2021 count
72
% of total
4.7%
72
4.7%
$1,400 - $1,599
2021 count
82
% of total
5.4%
82
5.4%
$1,600-$1,799
2021 count
129
% of total
8.4%
129
8.4%
$1,800 - $1,999
2021 count
177
% of total
11.6%
177
11.6%
$2,000 - $2,199
2021 count
251
% of total
16.4%
251
16.4%
$2,200 - $2,399
2021 count
138
% of total
9.0%
138
9.0%
$2,400-$2,599
2021 count
79
% of total
5.2%
79
5.2%
$2,600-$2,999
2021 count
141
% of total
9.2%
141
9.2%
$3,000-$3,999
2021 count
145
% of total
9.5%
145
9.5%
$4,000-$4,999
2021 count
43
% of total
2.8%
43
2.8%
$5000 and over
2021 count
28
% of total
1.8%
28
1.8%
Not stated
2021 count
84
% of total
5.5%
84
5.5%
Data table
Housing loan repayments for Mount Cotton. Monthly housing loan repayments. 2021 counts and percentages compared with Redland (C).
| Category | 2021 count | 2021 % | Redland (C) % |
|---|---|---|---|
| $299 or less | 44 | 2.9% | 4.0% |
| $300 - $599 | 25 | 1.6% | 3.3% |
| $600 - $999 | 47 | 3.1% | 5.9% |
| $1,000 - $1,199 | 45 | 2.9% | 4.6% |
| $1,200 - $1,399 | 72 | 4.7% | 5.9% |
| $1,400 - $1,599 | 82 | 5.4% | 6.6% |
| $1,600-$1,799 | 129 | 8.4% | 9.3% |
| $1,800 - $1,999 | 177 | 11.6% | 8.8% |
| $2,000 - $2,199 | 251 | 16.4% | 13.2% |
| $2,200 - $2,399 | 138 | 9.0% | 6.4% |
| $2,400-$2,599 | 79 | 5.2% | 4.2% |
| $2,600-$2,999 | 141 | 9.2% | 8.5% |
| $3,000-$3,999 | 145 | 9.5% | 8.8% |
| $4,000-$4,999 | 43 | 2.8% | 2.8% |
| $5000 and over | 28 | 1.8% | 2.1% |
| Not stated | 84 | 5.5% | 5.6% |
| Total | 1,530 | 100.0% | 100.0% |