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Shire of MundaringCommunity profile

Glen Forrest

Housing loan quartiles

In Glen Forrest, the 'highest group' was the largest quartile, comprising of 26% of households with mortgages in 2021.

Mortgage repayments in Glen Forrest 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.

Q:

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.)'

Housing loan quartiles
Glen Forrest - Households (Enumerated)20212016Change
Loan repayment quartile groupNumber%Shire of Mundaring %Number%Shire of Mundaring %2016 to 2021
Lowest group10622.723.212226.026.5-16
Medium lowest11725.022.49520.222.6+22
Medium highest12125.927.011123.524.0+11
Highest group12426.527.414230.226.9-18
Total households with stated mortgage repayments470100.0100.0472100.0100.0-2
Source: Australian Bureau of Statistics, Census of Population and Housing 2016 and 2021. Compiled and presented by .id (informed decisions).
Please refer to specific data notes for more information
Housing loan - Quartile group dollar ranges
Calculated from loan repayment data for Western AustraliaMonthly housing loan repayments by Census year
Housing loan repayment ranges20212016201120062001
Lowest group$0 to $1,303$0 to $1,314$0 to $1,221$0 to $826$0 to $605
Medium lowest$1,304 to $1,851$1,315 to $1,995$1,222 to $1,969$827 to $1,241$606 to $855
Medium highest$1,852 to $2,501$1,996 to $2,685$1,970 to $2,786$1,242 to $1,791$856 to $1,161
Highest group$2,502 and over$2,686 and over$2,787 and over$1,792 and over$1,162 and over

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 Glen Forrest compared to the Shire of Mundaring shows that there was a smaller proportion of households in the highest repayment quartile, and a similar proportion in the lowest repayment quartile.

Emerging groups

The total number of households with a mortgage in Glen Forrest decreased by 472 between 2016 and 2021. The most significant change in Glen Forrest during this period was in the medium lowest quartile which showed an increase of 22 households.

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