Analysis of the monthly housing loan repayments of households in FNQROC region 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, 11.5% of households were paying high mortgage repayments, and 29.1% were paying low repayments, compared with 0.0% and 100.0% respectively in Croydon (S).
The major differences between the household loan repayments of FNQROC region and Croydon (S) were:
- A larger percentage of $600 - $999 (11.7% compared to 0.0%)
- A larger percentage of $1,200 - $1,399 (11.4% compared to 0.0%)
- A larger percentage of $1,600-$1,799 (10.8% compared to 0.0%)
- A smaller percentage of $299 or less (4.8% compared to 100.0%)