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 Wangaratta (RC), accounting for 15.2% (578 households). This share was higher than Regional Vic. (13.8%).

Section overview

Monthly housing loan repayments

Wangaratta (RC) - Households (Enumerated)

This table summarises housing loan repayments for Wangaratta (RC) in 2021 for persons, with comparison against Regional Vic..

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Wangaratta (RC), with comparison markers for Regional Vic..

Wangaratta (RC)
Regional Vic.

$299 or less

2021 count

168

% of total

4.4%

$300 - $599

2021 count

202

% of total

5.3%

$600 - $999

2021 count

578

% of total

15.2%

$1,000 - $1,199

2021 count

426

% of total

11.2%

$1,200 - $1,399

2021 count

471

% of total

12.4%

$1,400 - $1,599

2021 count

380

% of total

10.0%

$1,600-$1,799

2021 count

374

% of total

9.9%

$1,800 - $1,999

2021 count

193

% of total

5.1%

$2,000 - $2,199

2021 count

286

% of total

7.5%

$2,200 - $2,399

2021 count

78

% of total

2.1%

$2,400-$2,599

2021 count

49

% of total

1.3%

$2,600-$2,999

2021 count

107

% of total

2.8%

$3,000-$3,999

2021 count

139

% of total

3.7%

$4,000-$4,999

2021 count

56

% of total

1.5%

$5000 and over

2021 count

40

% of total

1.1%

Not stated

2021 count

246

% of total

6.5%

Data table

Housing loan repayments for Wangaratta (RC). Monthly housing loan repayments. 2021 counts and percentages compared with Regional Vic..

Housing loan repayments for Wangaratta (RC). Monthly housing loan repayments. 2021 counts and percentages compared with Regional Vic..
Housing loan repayments for Wangaratta (RC). Monthly housing loan repayments. 2021 counts and percentages compared with Regional Vic..
Category2021 count2021 %Regional Vic. %
$299 or less1684.4%4.9%
$300 - $5992025.3%5.8%
$600 - $99957815.2%13.8%
$1,000 - $1,19942611.2%9.6%
$1,200 - $1,39947112.4%11.2%
$1,400 - $1,59938010.0%9.5%
$1,600-$1,7993749.9%9.4%
$1,800 - $1,9991935.1%5.7%
$2,000 - $2,1992867.5%8.0%
$2,200 - $2,399782.1%2.8%
$2,400-$2,599491.3%1.9%
$2,600-$2,9991072.8%4.1%
$3,000-$3,9991393.7%4.4%
$4,000-$4,999561.5%1.7%
$5000 and over401.1%1.4%
Not stated2466.5%5.9%
Total3,793100.0%100.0%