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 Bundoora (Vic.) (part), accounting for 10.5% (343 households). This share was higher than Whittlesea (C) (6.9%).

Section overview

Monthly housing loan repayments

Bundoora (Vic.) (part) - Households (Enumerated)

This table summarises housing loan repayments for Bundoora (Vic.) (part) in 2021 for persons, with comparison against Whittlesea (C).

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Bundoora (Vic.) (part), with comparison markers for Whittlesea (C).

Bundoora (Vic.) (part)
Whittlesea (C)

$299 or less

2021 count

223

% of total

6.9%

$300 - $599

2021 count

122

% of total

3.7%

$600 - $999

2021 count

179

% of total

5.5%

$1,000 - $1,199

2021 count

149

% of total

4.6%

$1,200 - $1,399

2021 count

200

% of total

6.1%

$1,400 - $1,599

2021 count

222

% of total

6.8%

$1,600-$1,799

2021 count

231

% of total

7.1%

$1,800 - $1,999

2021 count

169

% of total

5.2%

$2,000 - $2,199

2021 count

341

% of total

10.5%

$2,200 - $2,399

2021 count

174

% of total

5.3%

$2,400-$2,599

2021 count

182

% of total

5.6%

$2,600-$2,999

2021 count

249

% of total

7.6%

$3,000-$3,999

2021 count

343

% of total

10.5%

$4,000-$4,999

2021 count

135

% of total

4.1%

$5000 and over

2021 count

92

% of total

2.8%

Not stated

2021 count

244

% of total

7.5%

Data table

Housing loan repayments for Bundoora (Vic.) (part). Monthly housing loan repayments. 2021 counts and percentages compared with Whittlesea (C).

Housing loan repayments for Bundoora (Vic.) (part). Monthly housing loan repayments. 2021 counts and percentages compared with Whittlesea (C).
Housing loan repayments for Bundoora (Vic.) (part). Monthly housing loan repayments. 2021 counts and percentages compared with Whittlesea (C).
Category2021 count2021 %Whittlesea (C) %
$299 or less2236.9%3.9%
$300 - $5991223.7%2.8%
$600 - $9991795.5%5.5%
$1,000 - $1,1991494.6%4.9%
$1,200 - $1,3992006.1%6.5%
$1,400 - $1,5992226.8%8.1%
$1,600-$1,7992317.1%10.0%
$1,800 - $1,9991695.2%8.8%
$2,000 - $2,19934110.5%13.5%
$2,200 - $2,3991745.3%6.6%
$2,400-$2,5991825.6%4.9%
$2,600-$2,9992497.6%6.6%
$3,000-$3,99934310.5%6.9%
$4,000-$4,9991354.1%2.4%
$5000 and over922.8%1.8%
Not stated2447.5%7.0%
Total3,255100.0%100.0%