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, $3,000-$3,999 was the most common mortgage repayment band among households with a mortgage in Prahran, accounting for 13.8% (206 households). This share was higher than Stonnington (C) (12.7%).
Section overview
Monthly housing loan repayments
Prahran - Households (Enumerated)
This table summarises housing loan repayments for Prahran in 2021 for persons, with comparison against Stonnington (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Prahran, with comparison markers for Stonnington (C).
$299 or less
2021 count
82
% of total
5.5%
82
5.5%
$300 - $599
2021 count
29
% of total
1.9%
29
1.9%
$600 - $999
2021 count
49
% of total
3.3%
49
3.3%
$1,000 - $1,199
2021 count
50
% of total
3.4%
50
3.4%
$1,200 - $1,399
2021 count
98
% of total
6.6%
98
6.6%
$1,400 - $1,599
2021 count
91
% of total
6.1%
91
6.1%
$1,600-$1,799
2021 count
76
% of total
5.1%
76
5.1%
$1,800 - $1,999
2021 count
74
% of total
5.0%
74
5.0%
$2,000 - $2,199
2021 count
133
% of total
8.9%
133
8.9%
$2,200 - $2,399
2021 count
63
% of total
4.2%
63
4.2%
$2,400-$2,599
2021 count
50
% of total
3.4%
50
3.4%
$2,600-$2,999
2021 count
106
% of total
7.1%
106
7.1%
$3,000-$3,999
2021 count
206
% of total
13.8%
206
13.8%
$4,000-$4,999
2021 count
128
% of total
8.6%
128
8.6%
$5000 and over
2021 count
176
% of total
11.8%
176
11.8%
Not stated
2021 count
80
% of total
5.4%
80
5.4%
Data table
Housing loan repayments for Prahran. Monthly housing loan repayments. 2021 counts and percentages compared with Stonnington (C).
| Category | 2021 count | 2021 % | Stonnington (C) % |
|---|---|---|---|
| $299 or less | 82 | 5.5% | 6.3% |
| $300 - $599 | 29 | 1.9% | 1.9% |
| $600 - $999 | 49 | 3.3% | 3.4% |
| $1,000 - $1,199 | 50 | 3.4% | 3.7% |
| $1,200 - $1,399 | 98 | 6.6% | 4.6% |
| $1,400 - $1,599 | 91 | 6.1% | 4.8% |
| $1,600-$1,799 | 76 | 5.1% | 4.8% |
| $1,800 - $1,999 | 74 | 5.0% | 4.0% |
| $2,000 - $2,199 | 133 | 8.9% | 7.8% |
| $2,200 - $2,399 | 63 | 4.2% | 3.4% |
| $2,400-$2,599 | 50 | 3.4% | 3.5% |
| $2,600-$2,999 | 106 | 7.1% | 4.8% |
| $3,000-$3,999 | 206 | 13.8% | 12.7% |
| $4,000-$4,999 | 128 | 8.6% | 8.3% |
| $5000 and over | 176 | 11.8% | 18.8% |
| Not stated | 80 | 5.4% | 7.1% |
| Total | 1,491 | 100.0% | 100.0% |