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 Redland Bay, accounting for 14.6% (386 households). This share was higher than Redland (C) (13.2%).
Section overview
Monthly housing loan repayments
Redland Bay - Households (Enumerated)
This table summarises housing loan repayments for Redland Bay in 2021 for persons, with comparison against Redland (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Redland Bay, with comparison markers for Redland (C).
$299 or less
2021 count
87
% of total
3.3%
87
3.3%
$300 - $599
2021 count
68
% of total
2.6%
68
2.6%
$600 - $999
2021 count
99
% of total
3.8%
99
3.8%
$1,000 - $1,199
2021 count
96
% of total
3.6%
96
3.6%
$1,200 - $1,399
2021 count
129
% of total
4.9%
129
4.9%
$1,400 - $1,599
2021 count
147
% of total
5.6%
147
5.6%
$1,600-$1,799
2021 count
219
% of total
8.3%
219
8.3%
$1,800 - $1,999
2021 count
247
% of total
9.4%
247
9.4%
$2,000 - $2,199
2021 count
386
% of total
14.6%
386
14.6%
$2,200 - $2,399
2021 count
202
% of total
7.7%
202
7.7%
$2,400-$2,599
2021 count
166
% of total
6.3%
166
6.3%
$2,600-$2,999
2021 count
282
% of total
10.7%
282
10.7%
$3,000-$3,999
2021 count
256
% of total
9.7%
256
9.7%
$4,000-$4,999
2021 count
57
% of total
2.2%
57
2.2%
$5000 and over
2021 count
39
% of total
1.5%
39
1.5%
Not stated
2021 count
156
% of total
5.9%
156
5.9%
Data table
Housing loan repayments for Redland Bay. Monthly housing loan repayments. 2021 counts and percentages compared with Redland (C).
| Category | 2021 count | 2021 % | Redland (C) % |
|---|---|---|---|
| $299 or less | 87 | 3.3% | 4.0% |
| $300 - $599 | 68 | 2.6% | 3.3% |
| $600 - $999 | 99 | 3.8% | 5.9% |
| $1,000 - $1,199 | 96 | 3.6% | 4.6% |
| $1,200 - $1,399 | 129 | 4.9% | 5.9% |
| $1,400 - $1,599 | 147 | 5.6% | 6.6% |
| $1,600-$1,799 | 219 | 8.3% | 9.3% |
| $1,800 - $1,999 | 247 | 9.4% | 8.8% |
| $2,000 - $2,199 | 386 | 14.6% | 13.2% |
| $2,200 - $2,399 | 202 | 7.7% | 6.4% |
| $2,400-$2,599 | 166 | 6.3% | 4.2% |
| $2,600-$2,999 | 282 | 10.7% | 8.5% |
| $3,000-$3,999 | 256 | 9.7% | 8.8% |
| $4,000-$4,999 | 57 | 2.2% | 2.8% |
| $5000 and over | 39 | 1.5% | 2.1% |
| Not stated | 156 | 5.9% | 5.6% |
| Total | 2,636 | 100.0% | 100.0% |