Brunswick

Housing loan repayments

32.0% of households with a mortgage were making high loan repayments of $2,600 or more per month in Brunswick.

Mortgage repayments are directly related to house prices in Brunswick, length of occupancy and the level of equity of home owners. When viewed with Household Income data it may also indicate the level of housing stress households in the community are under. In mortgage belt areas it is expected that households will be paying a higher proportion of their income on their housing compared to well-established areas. First home buyer areas are also likely to have larger mortgages than upgrader areas where households move in with equity from elsewhere.

Mortgage payment levels are not directly comparable over time because of inflation. For comparison of mortgage payments over time, go to Housing Loan Quartiles.

Derived from the Census questions:

'How much does your household pay for this dwelling?' and 'Is this dwelling [owned outright, owned with a mortgage etc.]'

Households with a mortgage

reset
export
Monthly housing loan repayments
Brunswick 2011
Monthly repayment amount Number % City of Moreland
Nil repayments 32 1.4 1.8
$1-$149 14 0.6 0.9
$150-$299 22 1.0 0.9
$300-$449 36 1.6 2.0
$450-$599 37 1.7 2.0
$600-$799 74 3.3 3.4
$800-$999 90 4.0 4.7
$1000-$1199 119 5.3 6.4
$1200-$1399 138 6.2 6.7
$1400-$1599 133 5.9 6.4
$1600-$1799 164 7.3 7.5
$1800-$1999 104 4.6 6.0
$2000-$2199 221 9.9 11.1
$2200-$2399 110 4.9 4.9
$2400-$2599 101 4.5 4.6
$2600-$2999 198 8.8 7.9
$3000-$3999 358 15.9 11.8
$4000-$4999 115 5.1 3.3
$5000 and over 47 2.1 2.0
Not stated 127 5.7 5.5
Total households with a mortgage 2,249 100.0 100.0

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2011. Compiled and presented in profile.id by .id, the population experts.

Please refer to the specific data notes for more information

Monthly housing loan repayments, 2011
Monthly housing loan repayments, 2011 $5000 and over, City of Moreland: 2.0% $4000-$4999, City of Moreland: 3.3% $3000-$3999, City of Moreland: 11.8% $2600-$2999, City of Moreland: 7.9% $2400-$2599, City of Moreland: 4.6% $2200-$2399, City of Moreland: 4.9% $2000-$2199, City of Moreland: 11.1% $1800-$1999, City of Moreland: 6.0% $1600-$1799, City of Moreland: 7.5% $1400-$1599, City of Moreland: 6.4% $1200-$1399, City of Moreland: 6.7% $1000-$1199, City of Moreland: 6.4% $800-$999, City of Moreland: 4.7% $600-$799, City of Moreland: 3.4% $450-$599, City of Moreland: 2.0% $300-$449, City of Moreland: 2.0% $150-$299, City of Moreland: 0.9% $1-$149, City of Moreland: 0.9% Nil repayments, City of Moreland: 1.8% $5000 and over, Brunswick: 2.1% $4000-$4999, Brunswick: 5.1% $3000-$3999, Brunswick: 15.9% $2600-$2999, Brunswick: 8.8% $2400-$2599, Brunswick: 4.5% $2200-$2399, Brunswick: 4.9% $2000-$2199, Brunswick: 9.9% $1800-$1999, Brunswick: 4.6% $1600-$1799, Brunswick: 7.3% $1400-$1599, Brunswick: 5.9% $1200-$1399, Brunswick: 6.2% $1000-$1199, Brunswick: 5.3% $800-$999, Brunswick: 4.0% $600-$799, Brunswick: 3.3% $450-$599, Brunswick: 1.7% $300-$449, Brunswick: 1.6% $150-$299, Brunswick: 1.0% $1-$149, Brunswick: 0.6% Nil repayments, Brunswick: 1.4% ​
export
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.

Dominant groups

Analysis of the monthly housing loan repayments of households in Brunswick compared to the City of Moreland shows that there was a larger proportion of households paying high mortgage repayments ($2,600 per month or more), and a smaller proportion of households with low mortgage repayments (less than $1000 per month).

Overall, 32.0% of households were paying high mortgage repayments, and 13.7% were paying low repayments, compared with 25.1% and 15.8% respectively in the City of Moreland.

The major differences between the household loan repayments of Brunswick and the City of Moreland were:

  • A larger percentage of $3000-$3999 (15.9% compared to 11.8%)
  • A larger percentage of $4000-$4999 (5.1% compared to 3.3%)
  • A smaller percentage of $1800-$1999 (4.6% compared to 6.0%)
  • A smaller percentage of $2000-$2199 (9.9% compared to 11.1%)