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 Somerset (R), accounting for 12.4% (417 households). This share was higher than Greater Brisbane (6.2%).
Section overview
Monthly housing loan repayments
Somerset (R) - Households (Enumerated)
This table summarises housing loan repayments for Somerset (R) in 2021 for persons, with comparison against Greater Brisbane.
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Somerset (R), with comparison markers for Greater Brisbane.
$299 or less
2021 count
141
% of total
4.2%
141
4.2%
$300 - $599
2021 count
169
% of total
5.0%
169
5.0%
$600 - $999
2021 count
417
% of total
12.4%
417
12.4%
$1,000 - $1,199
2021 count
326
% of total
9.7%
326
9.7%
$1,200 - $1,399
2021 count
379
% of total
11.3%
379
11.3%
$1,400 - $1,599
2021 count
361
% of total
10.7%
361
10.7%
$1,600-$1,799
2021 count
366
% of total
10.9%
366
10.9%
$1,800 - $1,999
2021 count
226
% of total
6.7%
226
6.7%
$2,000 - $2,199
2021 count
278
% of total
8.3%
278
8.3%
$2,200 - $2,399
2021 count
90
% of total
2.7%
90
2.7%
$2,400-$2,599
2021 count
62
% of total
1.8%
62
1.8%
$2,600-$2,999
2021 count
153
% of total
4.5%
153
4.5%
$3,000-$3,999
2021 count
121
% of total
3.6%
121
3.6%
$4,000-$4,999
2021 count
43
% of total
1.3%
43
1.3%
$5000 and over
2021 count
30
% of total
0.9%
30
0.9%
Not stated
2021 count
202
% of total
6.0%
202
6.0%
Data table
Housing loan repayments for Somerset (R). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Brisbane.
| Category | 2021 count | 2021 % | Greater Brisbane % |
|---|---|---|---|
| $299 or less | 141 | 4.2% | 4.1% |
| $300 - $599 | 169 | 5.0% | 2.8% |
| $600 - $999 | 417 | 12.4% | 6.2% |
| $1,000 - $1,199 | 326 | 9.7% | 5.5% |
| $1,200 - $1,399 | 379 | 11.3% | 7.7% |
| $1,400 - $1,599 | 361 | 10.7% | 8.3% |
| $1,600-$1,799 | 366 | 10.9% | 9.9% |
| $1,800 - $1,999 | 226 | 6.7% | 7.6% |
| $2,000 - $2,199 | 278 | 8.3% | 11.1% |
| $2,200 - $2,399 | 90 | 2.7% | 5.0% |
| $2,400-$2,599 | 62 | 1.8% | 3.8% |
| $2,600-$2,999 | 153 | 4.5% | 7.4% |
| $3,000-$3,999 | 121 | 3.6% | 8.9% |
| $4,000-$4,999 | 43 | 1.3% | 3.4% |
| $5000 and over | 30 | 0.9% | 2.8% |
| Not stated | 202 | 6.0% | 5.5% |
| Total | 3,364 | 100.0% | 100.0% |