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LEARN MORE ABOUT .idIn the Gorokan District, the 'medium lowest group' was the largest quartile, comprising of 42% of households with mortgages in 2021.
Mortgage repayments in the Gorokan 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.
'How much does your household pay for this dwelling?' and 'Is this dwelling (owned outright, owned with a mortgage etc.)'
Housing loan quartiles | |||||||
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Gorokan District - Households (Enumerated) | 2021 | 2006 | Change | ||||
Loan repayment quartile group | Number | % | San Remo - Budgewoi District % | Number | % | San Remo - Budgewoi District % | 2006 to 2021 |
Lowest group | 774 | 33.0 | 30.2 | 592 | 30.2 | 26.7 | +182 |
Medium lowest | 993 | 42.4 | 43.3 | 656 | 33.4 | 32.9 | +337 |
Medium highest | 457 | 19.5 | 21.5 | 515 | 26.2 | 28.5 | -58 |
Highest group | 118 | 5.0 | 5.0 | 200 | 10.2 | 11.9 | -82 |
Total households with stated mortgage repayments | 2,344 | 100.0 | 100.0 | 1,965 | 100.0 | 100.0 | +379 |
Housing loan - Quartile group dollar ranges | |||||
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Calculated from loan repayment data for New South Wales | Monthly housing loan repayments by Census year | ||||
Housing loan repayment ranges | 2021 | 2016 | 2011 | 2006 | 2001 |
Lowest group | $0 to $1,381 | $0 to $1,263 | $0 to $1,266 | $0 to $993 | $0 to $723 |
Medium lowest | $1,382 to $2,123 | $1,264 to $1,989 | $1,267 to $1,995 | $994 to $1,557 | $724 to $1,069 |
Medium highest | $2,124 to $3,203 | $1,990 to $2,865 | $1,996 to $2,853 | $1,558 to $2,416 | $1,070 to $1,550 |
Highest group | $3,204 and over | $2,866 and over | $2,854 and over | $2,417 and over | $1,551 and over |
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 Gorokan District compared to the San Remo - Budgewoi District shows that there was a similar proportion of households in the highest repayment quartile, and a larger proportion in the lowest repayment quartile.
The total number of households with a mortgage in the Gorokan District decreased by 1,965 between 2006 and 2021. The most significant change in the Gorokan District during this period was in the medium lowest quartile which showed an increase of 337 households.
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