Mornington Peninsula ShireCommunity profile
census-message-logo

2016 Census data has been released and we are busy processing it to update this website. View our latest releases here.

Skip to content

Dromana - Safety Beach

Housing loan quartiles

census-message-logo

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

In Dromana - Safety Beach, the 'medium highest group' was the largest quartile, comprising of 29% of households with mortgages in 2016.

Mortgage repayments in Dromana - Safety Beach 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
Dromana - Safety Beach - Households (Enumerated)20162011Change
Loan repayment quartile groupNumber%Mornington Peninsula Shire %Number%Mornington Peninsula Shire %2011 to 2016
Lowest group28325.524.225929.225.1+24
Medium lowest28725.923.821023.724.4+77
Medium highest32229.126.021724.525.3+105
Highest group21619.526.020122.725.3+15

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, Mornington Peninsula Shire: 26.0% Medium highest, Mornington Peninsula Shire: 26.0% Medium lowest, Mornington Peninsula Shire: 23.8% Lowest group, Mornington Peninsula Shire: 24.2% Highest group, Dromana - Safety Beach: 19.5% Medium highest, Dromana - Safety Beach: 29.1% Medium lowest, Dromana - Safety Beach: 25.9% Lowest group, Dromana - Safety Beach: 25.5%
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, Dromana - Safety Beach: +15 Medium highest, Dromana - Safety Beach: +105 Medium lowest, Dromana - Safety Beach: +77 Lowest group, Dromana - Safety Beach: +24
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 Dromana - Safety Beach compared to Mornington Peninsula Shire 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 Dromana - Safety Beach increased by 221 between 2011 and 2016. The most significant change in Dromana - Safety Beach during this period was in the medium highest quartile which showed an increase of 105 households.

v17.10.06-1.0.0