Analysis of the monthly housing loan repayments of households in Sutherland Shire compared to Randwick City shows that there was a smaller proportion of households paying high mortgage repayments ($2,600 per month or more), as well as a smaller proportion of households with low mortgage repayments (less than $1,200 per month).
Overall, 50.7% of households were paying high mortgage repayments, and 12.5% were paying low repayments, compared with 56.4% and 13.7% respectively in Randwick City.
The major differences between the household loan repayments of Sutherland Shire and Randwick City were:
- A larger percentage of $3,000-$3,999 (20.5% compared to 16.3%)
- A larger percentage of $2,600-$2,999 (9.7% compared to 6.5%)
- A smaller percentage of $5000 and over (9.5% compared to 22.3%)
- A smaller percentage of $299 or less (4.0% compared to 5.9%)