Mortgage repayments in Australia
Over half Australian households paid over $1,800 on monthly mortgage repayment.
Over half Australian households paid over $1,800 on monthly mortgage repayment
In 2021, over half (52.5%) of Australian households with a mortgage paid over $1,800 a month in mortgage repayments, up from 49.4% in 2016. Less than one-fifth of households paid less than $1,000 in both 2016 and 2021, with the proportion decreasing from 18.8% in 2016 to 16.6% in 2021. Compared to 2016, an additional 55,380 Australian households made a monthly mortgage repayment of $5,000 or more in 2021.
Data Topic: Mortgage Repayments
Data Type: Raw Data
Description: These variables record the mortgage repayments being paid by a household to purchase the dwelling in which they were enumerated on Census night (also applicable to caravans).
Reference: ABS (2022). Census of Population and Housing, 2021. Australian Bureau of Statistics, Canberra
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