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Percentage of households where mortgage repayments are less than 30% of household income

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This FACT indicates the percentage of households whose mortgage repayments are less than 30 percent of the household income. The Australian average percentage of those spending less than 30 percent of household income on mortgage repayments is 90.1 percent - a fairly high number, which is good news. Data collected in the 2011 ABS Census shows that the city with the highest percentage was Canberra, with 92.2 percent; likely influenced by the higher weekly salaries. The city with the lowest was Sydney at 88 percent, which is likely influenced by the high property prices.

High is good

Source: Australian Bureau of Statistics, 2013

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