City of KnoxCommunity profile
Skip to content

Upper Ferntree Gully

Housing loan quartiles

In Upper Ferntree Gully, the 'medium lowest group' was the largest quartile, comprising of 28% of households with mortgages in 2011.

Mortgage repayments in Upper Ferntree Gully 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
Upper Ferntree Gully20112006Change
Loan repayment quartile groupNumber%City of Knox %Number%City of Knox %2006 to 2011
Lowest group10426.223.511627.822.9-12
Medium lowest11228.224.610324.726.2+9
Medium highest10927.628.012730.628.7-18
Highest group7118.024.07016.822.2+1

Source: Australian Bureau of Statistics, Census of Population and Housing 2006 and 2011. 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
2011
2006
2001
1996
Lowest group $0 to $1,103 $0 to $831 $0 to $596 $0 to $502
Medium lowest $1,104 to $1,695 $832 to $1,261 $597 to $866 $503 to $750
Medium highest $1,696 to $2,351 $1,262 to $1,823 $867 to $1,208 $751 to $1,034
Highest group $2,352 and over $1,824 and over $1,209 and over $1,035 and over

Housing loan quartiles, 2011
Housing loan quartiles, 2011 Highest group, City of Knox: 24.0% Medium highest, City of Knox: 28.0% Medium lowest, City of Knox: 24.6% Lowest group, City of Knox: 23.5% Highest group, Upper Ferntree Gully: 18.0% Medium highest, Upper Ferntree Gully: 27.6% Medium lowest, Upper Ferntree Gully: 28.2% Lowest group, Upper Ferntree Gully: 26.2%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.
Change in housing loan quartiles, 2006 to 2011
Change in housing loan quartiles, 2006 to 2011 Highest group, Upper Ferntree Gully: +1 Medium highest, Upper Ferntree Gully: -18 Medium lowest, Upper Ferntree Gully: +9 Lowest group, Upper Ferntree Gully: -12
Source: Australian Bureau of Statistics, Census of Population and Housing, 2006 and 2011 (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 Upper Ferntree Gully compared to the City of Knox shows that there was a smaller proportion of households in the highest repayment quartile, and a larger proportion in the lowest repayment quartile.

Emerging groups

The total number of households with a mortgage in Upper Ferntree Gully decreased by 20 between 2006 and 2011. The most significant change in Upper Ferntree Gully during this period was in the medium highest quartile which showed a slight decrease of -18 households.