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 Abbotsford (Vic.), accounting for 16.8% (197 households). This share was higher than Yarra (C) (15.6%).
Section overview
Monthly housing loan repayments
Abbotsford (Vic.) - Households (Enumerated)
This table summarises housing loan repayments for Abbotsford (Vic.) in 2021 for persons, with comparison against Yarra (C).
Chart view
Monthly housing loan repayments snapshot
2021 distribution by category for Abbotsford (Vic.), with comparison markers for Yarra (C).
$299 or less
2021 count
31
% of total
2.6%
31
2.6%
$300 - $599
2021 count
16
% of total
1.4%
16
1.4%
$600 - $999
2021 count
43
% of total
3.7%
43
3.7%
$1,000 - $1,199
2021 count
64
% of total
5.5%
64
5.5%
$1,200 - $1,399
2021 count
75
% of total
6.4%
75
6.4%
$1,400 - $1,599
2021 count
90
% of total
7.7%
90
7.7%
$1,600-$1,799
2021 count
84
% of total
7.2%
84
7.2%
$1,800 - $1,999
2021 count
73
% of total
6.2%
73
6.2%
$2,000 - $2,199
2021 count
111
% of total
9.5%
111
9.5%
$2,200 - $2,399
2021 count
51
% of total
4.4%
51
4.4%
$2,400-$2,599
2021 count
49
% of total
4.2%
49
4.2%
$2,600-$2,999
2021 count
82
% of total
7.0%
82
7.0%
$3,000-$3,999
2021 count
197
% of total
16.8%
197
16.8%
$4,000-$4,999
2021 count
82
% of total
7.0%
82
7.0%
$5000 and over
2021 count
69
% of total
5.9%
69
5.9%
Not stated
2021 count
54
% of total
4.6%
54
4.6%
Data table
Housing loan repayments for Abbotsford (Vic.). Monthly housing loan repayments. 2021 counts and percentages compared with Yarra (C).
| Category | 2021 count | 2021 % | Yarra (C) % |
|---|---|---|---|
| $299 or less | 31 | 2.6% | 4.7% |
| $300 - $599 | 16 | 1.4% | 1.8% |
| $600 - $999 | 43 | 3.7% | 3.9% |
| $1,000 - $1,199 | 64 | 5.5% | 4.1% |
| $1,200 - $1,399 | 75 | 6.4% | 5.0% |
| $1,400 - $1,599 | 90 | 7.7% | 5.5% |
| $1,600-$1,799 | 84 | 7.2% | 5.9% |
| $1,800 - $1,999 | 73 | 6.2% | 4.7% |
| $2,000 - $2,199 | 111 | 9.5% | 8.4% |
| $2,200 - $2,399 | 51 | 4.4% | 4.2% |
| $2,400-$2,599 | 49 | 4.2% | 4.2% |
| $2,600-$2,999 | 82 | 7.0% | 6.7% |
| $3,000-$3,999 | 197 | 16.8% | 15.6% |
| $4,000-$4,999 | 82 | 7.0% | 9.0% |
| $5000 and over | 69 | 5.9% | 10.5% |
| Not stated | 54 | 4.6% | 5.5% |
| Total | 1,171 | 100.0% | 100.0% |