Analysis of the monthly housing loan repayments of households in Burwood Council Area compared to SSROC region shows that there was a smaller proportion of households paying high mortgage repayments ($2,600 per month or more), and a larger proportion of households with low mortgage repayments (less than $1,200 per month).
Overall, 44.7% of households were paying high mortgage repayments, and 15.8% were paying low repayments, compared with 48.1% and 13.9% respectively in SSROC region.
The major differences between the household loan repayments of Burwood Council Area and SSROC region were:
- A larger percentage of $299 or less (7.2% compared to 5.1%)
- A smaller percentage of $5000 and over (11.4% compared to 12.7%)
- A smaller percentage of $3,000-$3,999 (16.2% compared to 17.3%)