Analysis of the monthly housing loan repayments of households in Douglas (S) compared to FNQROC region shows that there was a larger proportion of households paying high mortgage repayments ($2,600 per month or more), as well as a larger proportion of households with low mortgage repayments (less than $1,200 per month).
Overall, 12.1% of households were paying high mortgage repayments, and 30.5% were paying low repayments, compared with 11.5% and 29.1% respectively in FNQROC region.
The major differences between the household loan repayments of Douglas (S) and FNQROC region were:
- A larger percentage of $600 - $999 (13.1% compared to 11.7%)
- A smaller percentage of $1,600-$1,799 (9.7% compared to 10.8%)