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Cranbourne North (New)

Housing rental quartiles

In Cranbourne North (New), the 'medium highest group' was the largest quartile, comprising 57% of renting households in 2021.

Rental payments in Cranbourne North (New) are indicative of its residential role and function and are directly related to the value of residential property. When viewed with Household Income data they may also indicate the level of 'housing stress' in the community.

The quartile method is the most objective method of comparing change in the rental costs of a community over time.

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

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.)'

Households renting their dwelling

Housing rental quartiles
Cranbourne North (New) - Households (Enumerated)20212006Change
Quartile groupNumber%South East Metropolitan Region %Number%South East Metropolitan Region %2006 to 2021
Lowest group424.431.3----27.9--
Medium lowest21922.828.8----30.6--
Medium highest54656.823.5----25.2--
Highest group15416.016.3----16.3--

Source: Australian Bureau of Statistics, Census of Population and Housing 2006 and 2021. Compiled and presented by .id (informed decisions).

Housing rental - Quartile group dollar ranges
Calculated from rental payment data for [theQBMQuartile] Weekly housing rental payments by Census year
Rental payment ranges
2021
2016
2011
2006
2001
Lowest group $0 to $300 $0 to $256 $0 to $203 $0 to $143 $0 to $109
Medium lowest $301 to $375 $257 to $334 $204 to $286 $144 to $194 $110 to $156
Medium highest $376 to $458 $335 to $421 $287 to $365 $195 to $255 $157 to $205
Highest group $459 and over $422 and over $366 and over $256 and over $206 and over

Housing rental quartiles for 2021
Housing rental quartiles for 2021 Highest group, South East Metropolitan Region: 16.3% Medium highest, South East Metropolitan Region: 23.5% Medium lowest, South East Metropolitan Region: 28.8% Lowest group, South East Metropolitan Region: 31.3% Highest group, Cranbourne North (New): 16.0% Medium highest, Cranbourne North (New): 56.8% Medium lowest, Cranbourne North (New): 22.8% Lowest group, Cranbourne North (New): 4.4%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2021 (Enumerated data)
Compiled and presented in profile.id by .id (informed decisions).
Change in housing rental quartiles, 2006 to 2021
Change in housing rental quartiles, 2006 to 2021
Source: Australian Bureau of Statistics, Census of Population and Housing, 2006 and 2021 (Enumerated data)
Compiled and presented in profile.id by .id (informed decisions).

Dominant groups

Rental payment quartiles allow us to compare relative rental liabilities across time. Analysis of the distribution of households by rental payment quartiles in Cranbourne North (New) compared to South East Metropolitan Region shows that there was a similar proportion of households in the highest payment quartile, and a smaller proportion in the lowest payment quartile.

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