Analysis of the monthly housing loan repayments of households in Inner West Council area compared to SSROC region 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 $1,200 per month).
Overall, 55.4% of households were paying high mortgage repayments, and 12.6% were paying low repayments, compared with 48.1% and 13.9% respectively in SSROC region.
The major differences between the household loan repayments of Inner West Council area and SSROC region were:
- A larger percentage of $5000 and over (17.6% compared to 12.7%)
- A larger percentage of $4,000-$4,999 (12.7% compared to 9.9%)
- A smaller percentage of $2,000 - $2,199 (6.8% compared to 8.5%)