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 Yarra (C), accounting for 15.6% (1,523 households). This share was higher than Greater Melbourne (10.7%).

Section overview

Monthly housing loan repayments

Yarra (C) - Households (Enumerated)

This table summarises housing loan repayments for Yarra (C) in 2021 for persons, with comparison against Greater Melbourne.

Chart view

Monthly housing loan repayments snapshot

2021 distribution by category for Yarra (C), with comparison markers for Greater Melbourne.

Yarra (C)
Greater Melbourne

$299 or less

2021 count

464

% of total

4.7%

$300 - $599

2021 count

174

% of total

1.8%

$600 - $999

2021 count

385

% of total

3.9%

$1,000 - $1,199

2021 count

405

% of total

4.1%

$1,200 - $1,399

2021 count

491

% of total

5.0%

$1,400 - $1,599

2021 count

535

% of total

5.5%

$1,600-$1,799

2021 count

580

% of total

5.9%

$1,800 - $1,999

2021 count

460

% of total

4.7%

$2,000 - $2,199

2021 count

824

% of total

8.4%

$2,200 - $2,399

2021 count

413

% of total

4.2%

$2,400-$2,599

2021 count

415

% of total

4.2%

$2,600-$2,999

2021 count

660

% of total

6.7%

$3,000-$3,999

2021 count

1,523

% of total

15.6%

$4,000-$4,999

2021 count

884

% of total

9.0%

$5000 and over

2021 count

1,027

% of total

10.5%

Not stated

2021 count

539

% of total

5.5%

Data table

Housing loan repayments for Yarra (C). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Melbourne.

Housing loan repayments for Yarra (C). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Melbourne.
Housing loan repayments for Yarra (C). Monthly housing loan repayments. 2021 counts and percentages compared with Greater Melbourne.
Category2021 count2021 %Greater Melbourne %
$299 or less4644.7%4.8%
$300 - $5991741.8%2.8%
$600 - $9993853.9%5.4%
$1,000 - $1,1994054.1%4.6%
$1,200 - $1,3994915.0%5.9%
$1,400 - $1,5995355.5%6.8%
$1,600-$1,7995805.9%7.9%
$1,800 - $1,9994604.7%6.7%
$2,000 - $2,1998248.4%11.1%
$2,200 - $2,3994134.2%5.3%
$2,400-$2,5994154.2%4.7%
$2,600-$2,9996606.7%7.0%
$3,000-$3,9991,52315.6%10.7%
$4,000-$4,9998849.0%4.6%
$5000 and over1,02710.5%5.0%
Not stated5395.5%6.6%
Total9,779100.0%100.0%