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, $5000 and over was the most common mortgage repayment band among households with a mortgage in Chatswood, accounting for 19.8% (380 households). This share was lower than Willoughby (C) (27.5%).

Section overview

Monthly housing loan repayments

Chatswood - Households (Enumerated)

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

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Chatswood, with comparison markers for Willoughby (C).

Chatswood
Willoughby (C)

$299 or less

2021 count

167

% of total

8.7%

$300 - $599

2021 count

29

% of total

1.5%

$600 - $999

2021 count

63

% of total

3.3%

$1,000 - $1,199

2021 count

54

% of total

2.8%

$1,200 - $1,399

2021 count

66

% of total

3.4%

$1,400 - $1,599

2021 count

55

% of total

2.9%

$1,600-$1,799

2021 count

72

% of total

3.8%

$1,800 - $1,999

2021 count

39

% of total

2.0%

$2,000 - $2,199

2021 count

130

% of total

6.8%

$2,200 - $2,399

2021 count

61

% of total

3.2%

$2,400-$2,599

2021 count

68

% of total

3.5%

$2,600-$2,999

2021 count

112

% of total

5.8%

$3,000-$3,999

2021 count

276

% of total

14.4%

$4,000-$4,999

2021 count

202

% of total

10.5%

$5000 and over

2021 count

380

% of total

19.8%

Not stated

2021 count

143

% of total

7.5%

Data table

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

Housing loan repayments for Chatswood. Monthly housing loan repayments. 2021 counts and percentages compared with Willoughby (C).
Housing loan repayments for Chatswood. Monthly housing loan repayments. 2021 counts and percentages compared with Willoughby (C).
Category2021 count2021 %Willoughby (C) %
$299 or less1678.7%6.8%
$300 - $599291.5%1.5%
$600 - $999633.3%3.0%
$1,000 - $1,199542.8%2.4%
$1,200 - $1,399663.4%2.6%
$1,400 - $1,599552.9%2.2%
$1,600-$1,799723.8%2.5%
$1,800 - $1,999392.0%2.2%
$2,000 - $2,1991306.8%5.9%
$2,200 - $2,399613.2%2.5%
$2,400-$2,599683.5%2.9%
$2,600-$2,9991125.8%5.5%
$3,000-$3,99927614.4%14.4%
$4,000-$4,99920210.5%11.5%
$5000 and over38019.8%27.5%
Not stated1437.5%6.6%
Total1,917100.0%100.0%