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, $2,000 - $2,199 was the most common mortgage repayment band among households with a mortgage in Lalor, accounting for 13.1% (315 households). This share was lower than Whittlesea (C) (13.5%).

Section overview

Monthly housing loan repayments

Lalor - Households (Enumerated)

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

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Lalor, with comparison markers for Whittlesea (C).

Lalor
Whittlesea (C)

$299 or less

2021 count

118

% of total

4.9%

$300 - $599

2021 count

87

% of total

3.6%

$600 - $999

2021 count

162

% of total

6.8%

$1,000 - $1,199

2021 count

134

% of total

5.6%

$1,200 - $1,399

2021 count

162

% of total

6.8%

$1,400 - $1,599

2021 count

211

% of total

8.8%

$1,600-$1,799

2021 count

227

% of total

9.5%

$1,800 - $1,999

2021 count

175

% of total

7.3%

$2,000 - $2,199

2021 count

315

% of total

13.1%

$2,200 - $2,399

2021 count

121

% of total

5.0%

$2,400-$2,599

2021 count

100

% of total

4.2%

$2,600-$2,999

2021 count

130

% of total

5.4%

$3,000-$3,999

2021 count

150

% of total

6.3%

$4,000-$4,999

2021 count

64

% of total

2.7%

$5000 and over

2021 count

41

% of total

1.7%

Not stated

2021 count

201

% of total

8.4%

Data table

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

Housing loan repayments for Lalor. Monthly housing loan repayments. 2021 counts and percentages compared with Whittlesea (C).
Housing loan repayments for Lalor. Monthly housing loan repayments. 2021 counts and percentages compared with Whittlesea (C).
Category2021 count2021 %Whittlesea (C) %
$299 or less1184.9%3.9%
$300 - $599873.6%2.8%
$600 - $9991626.8%5.5%
$1,000 - $1,1991345.6%4.9%
$1,200 - $1,3991626.8%6.5%
$1,400 - $1,5992118.8%8.1%
$1,600-$1,7992279.5%10.0%
$1,800 - $1,9991757.3%8.8%
$2,000 - $2,19931513.1%13.5%
$2,200 - $2,3991215.0%6.6%
$2,400-$2,5991004.2%4.9%
$2,600-$2,9991305.4%6.6%
$3,000-$3,9991506.3%6.9%
$4,000-$4,999642.7%2.4%
$5000 and over411.7%1.8%
Not stated2018.4%7.0%
Total2,398100.0%100.0%