City of Hobsons BayCommunity profile
census-message-logo

We’re continuing to update these pages with data from the 2016 Census. Read more about our updates.

Skip to content

Hobsons Bay City

Housing loan quartiles

census-message-logo

This topic has been updated with 2016 Census data for all areas. What's this?

In Hobsons Bay City, the 'highest group' was the largest quartile, comprising of 32% of households with mortgages in 2016.

Mortgage repayments in Hobsons Bay City 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.

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 with a mortgage

Housing loan quartiles
Hobsons Bay City - Households (Enumerated)20162011Change
Loan repayment quartile groupNumber%Greater Melbourne %Number%Greater Melbourne %2011 to 2016
Lowest group2,25821.921.22,20522.920.9+53
Medium lowest2,14220.823.12,20722.923.0-65
Medium highest2,54924.826.62,33124.226.7+218
Highest group3,34432.529.12,88430.029.4+460

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented by .id , the population experts.

Housing loan - Quartile group dollar ranges
Calculated from loan repayment data for Victoria Monthly housing loan repayments by Census year
Housing loan repayment ranges
2016
2011
2006
2001
1996
Lowest group $0 to $1,133 $0 to $1,103 $0 to $831 $0 to $596 $0 to $502
Medium lowest $1,134 to $1,702 $1,104 to $1,695 $832 to $1,261 $597 to $866 $503 to $750
Medium highest $1,703 to $2,336 $1,696 to $2,351 $1,262 to $1,823 $867 to $1,208 $751 to $1,034
Highest group $2,337 and over $2,352 and over $1,824 and over $1,209 and over $1,035 and over

Housing loan quartiles, 2016
Housing loan quartiles, 2016 Highest group, Greater Melbourne: 29.1% Medium highest, Greater Melbourne: 26.6% Medium lowest, Greater Melbourne: 23.1% Lowest group, Greater Melbourne: 21.2% Highest group, Hobsons Bay City: 32.5% Medium highest, Hobsons Bay City: 24.8% Medium lowest, Hobsons Bay City: 20.8% Lowest group, Hobsons Bay City: 21.9%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.
Change in housing loan quartiles, 2011 to 2016
Change in housing loan quartiles, 2011 to 2016 Highest group, Hobsons Bay City: +460 Medium highest, Hobsons Bay City: +218 Medium lowest, Hobsons Bay City: -65 Lowest group, Hobsons Bay City: +53
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.

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 Hobsons Bay City compared to Greater Melbourne shows that there was a larger proportion of households in the highest repayment quartile, as well as a larger proportion in the lowest repayment quartile.

Emerging groups

The total number of households with a mortgage in Hobsons Bay City increased by 666 between 2011 and 2016. The most significant change in Hobsons Bay City during this period was in the highest quartile which showed an increase of 460 households.

v17.11.23-1.0.0