Analysis of the monthly housing loan repayments of households in Cook (S) compared to Croydon (S) 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, 7.7% of households were paying high mortgage repayments, and 40.8% were paying low repayments, compared with 0.0% and 100.0% respectively in Croydon (S).
The major differences between the household loan repayments of Cook (S) and Croydon (S) were:
- A larger percentage of $600 - $999 (15.6% compared to 0.0%)
- A larger percentage of $1,200 - $1,399 (10.1% compared to 0.0%)
- A larger percentage of $1,000 - $1,199 (9.2% compared to 0.0%)
- A smaller percentage of $299 or less (9.2% compared to 100.0%)