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 Renmark, accounting for 34.2% (168 households). This share was higher than Renmark Paringa (DC) (26.9%).

Section overview

Monthly housing loan repayments

Renmark - Households (Enumerated)

This table summarises housing loan repayments for Renmark in 2021 for persons, with comparison against Renmark Paringa (DC).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Renmark, with comparison markers for Renmark Paringa (DC).

Renmark
Renmark Paringa (DC)

$299 or less

2021 count

22

% of total

4.5%

$300 - $599

2021 count

49

% of total

10.0%

$600 - $999

2021 count

168

% of total

34.2%

$1,000 - $1,199

2021 count

68

% of total

13.8%

$1,200 - $1,399

2021 count

49

% of total

10.0%

$1,400 - $1,599

2021 count

29

% of total

5.9%

$1,600-$1,799

2021 count

32

% of total

6.5%

$1,800 - $1,999

2021 count

8

% of total

1.6%

$2,000 - $2,199

2021 count

12

% of total

2.4%

$2,200 - $2,399

2021 count

3

% of total

0.6%

$2,400-$2,599

2021 count

5

% of total

1.0%

$2,600-$2,999

2021 count

10

% of total

2.0%

$3,000-$3,999

2021 count

6

% of total

1.2%

$4,000-$4,999

2021 count

-

% of total

-

$5000 and over

2021 count

-

% of total

-

Not stated

2021 count

30

% of total

6.1%

Data table

Housing loan repayments for Renmark. Monthly housing loan repayments. 2021 counts and percentages compared with Renmark Paringa (DC).

Housing loan repayments for Renmark. Monthly housing loan repayments. 2021 counts and percentages compared with Renmark Paringa (DC).
Housing loan repayments for Renmark. Monthly housing loan repayments. 2021 counts and percentages compared with Renmark Paringa (DC).
Category2021 count2021 %Renmark Paringa (DC) %
$299 or less224.5%4.6%
$300 - $5994910.0%8.0%
$600 - $99916834.2%26.9%
$1,000 - $1,1996813.8%14.2%
$1,200 - $1,3994910.0%11.7%
$1,400 - $1,599295.9%7.0%
$1,600-$1,799326.5%6.8%
$1,800 - $1,99981.6%2.4%
$2,000 - $2,199122.4%4.2%
$2,200 - $2,39930.6%1.5%
$2,400-$2,59951.0%1.1%
$2,600-$2,999102.0%1.8%
$3,000-$3,99961.2%1.5%
$4,000-$4,999--0.9%
$5000 and over--1.2%
Not stated306.1%6.1%
Total491100.0%100.0%