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RDA Northern TerritoryCommunity profile

Litchfield Council LGA

Housing loan quartiles

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In Litchfield Council LGA, the 'highest group' was the largest quartile, comprising of 36% of households with mortgages in 2021.

Mortgage repayments in Litchfield Council LGA 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
Litchfield Council LGA - Households (Enumerated)20212016Change
Loan repayment quartile groupNumber%RDA Northern Territory %Number%RDA Northern Territory %2016 to 2021
Lowest group60220.325.063921.725.0-36
Medium lowest52017.625.059420.225.0-74
Medium highest77626.225.067423.025.0+102
Highest group1,06435.925.01,03035.125.0+34
Total households with stated mortgage repayments2,965100.0100.02,939100.0100.0+26
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 Northern TerritoryMonthly housing loan repayments by Census year
Housing loan repayment ranges20212016201120062001
Lowest group$0 to $1,402$0 to $1,467$0 to $1,352$0 to $951$0 to $733
Medium lowest$1,403 to $2,007$1,468 to $2,126$1,353 to $2,040$952 to $1,322$734 to $1,000
Medium highest$2,008 to $2,721$2,127 to $2,976$2,041 to $2,890$1,323 to $1,826$1,001 to $1,312
Highest group$2,722 and over$2,977 and over$2,891 and over$1,827 and over$1,313 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 Litchfield Council LGA compared to the RDA Northern Territory shows that there was a larger proportion of households in the highest repayment quartile, and a smaller proportion in the lowest repayment quartile.

Emerging groups

The total number of households with a mortgage in Litchfield Council LGA decreased by 2,939 between 2016 and 2021. The most significant change in Litchfield Council LGA during this period was in the medium highest quartile which showed an increase of 102 households.

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