idc-logo
svg rectangle color
City of BrimbankCommunity profile

Keilor District

Housing loan quartiles

In the Keilor District, the 'highest group' was the largest quartile, comprising of 33% of households with mortgages in 2021.

Mortgage repayments in the Keilor District are directly related to house prices, length of occupancy and the level of equity of home owners. When viewed with Household Income data it may also indicate the level of housing stress in the community.

The quartile method is the most objective method of comparing change in the mortgage payment profile of a community over time.

A detailed explanation of how Housing Loan Repayment quartiles are calculated and interpreted is available in specific data notes.

Please note, interest rates at the 2021 Census were at a record low in Australia. The first interest rate rises by the Reserve Bank began an upward cycle from May 2022. Please use mortgage payment data with caution as data from the 2021 Census pre-dates all official rate rises in the current cycle.

Q:

Derived from the Census questions:

'How much does your household pay for this dwelling?' and 'Is this dwelling (owned outright, owned with a mortgage etc.)'

Housing loan quartiles
Keilor District - Households (Enumerated)20212016Change
Loan repayment quartile groupNumber%City of Brimbank %Number%City of Brimbank %2016 to 2021
Lowest group21121.929.219420.026.8+17
Medium lowest19720.528.420220.828.8-4
Medium highest23324.326.325226.027.0-19
Highest group32033.316.132233.217.4-2
Total households with stated mortgage repayments964100.0100.0972100.0100.0-8
Source: Australian Bureau of Statistics, Census of Population and Housing 2016 and 2021. Compiled and presented by .id (informed decisions).
Please refer to specific data notes for more information
Housing loan - Quartile group dollar ranges
Calculated from loan repayment data for VictoriaMonthly housing loan repayments by Census year
Housing loan repayment ranges20212016201120062001
Lowest group$0 to $1,252$0 to $1,133$0 to $1,103$0 to $831$0 to $596
Medium lowest$1,253 to $1,874$1,134 to $1,702$1,104 to $1,695$832 to $1,261$597 to $866
Medium highest$1,875 to $2,613$1,703 to $2,336$1,696 to $2,351$1,262 to $1,823$867 to $1,208
Highest group$2,614 and over$2,337 and over$2,352 and over$1,824 and over$1,209 and over

Dominant groups

Housing loan repayment quartiles allow us to compare relative repayment liabilities across time. Analysis of the distribution of households by housing loan repayment quartiles in the Keilor District compared to the City of Brimbank shows that there was a larger proportion of households in the highest repayment quartile, and a smaller proportion in the lowest repayment quartile.

Emerging groups

The total number of households with a mortgage in the Keilor District decreased by 972 between 2016 and 2021. The most significant change in the Keilor District during this period was in the medium highest quartile which showed a slight decrease of -19 households.

DISCLAIMER: While all due care has been taken to ensure that the content of this website is accurate and current, there may be errors or omissions in it and no legal responsibility is accepted for the information and opinions in this website.

Please view our Privacy Policy, Terms of use and Legal notices.

ABS Data and the copyright in the ABS Data remains the property of the Australian Bureau of Statistics. The copyright in the way .id has modified, transformed or reconfigured the ABS Data as published on this website remains the property of .id. ABS Data can be accessed from the Australian Bureau of Statistics at www.abs.gov.au. ABS data can be used under license - terms published on ABS website. intermediary.management@abs.gov.au if you have any queries or wish to distribute any ABS data.