The proportion of home owner households with a mortgage for housing purposes and that are in the bottom two income quintiles (excluding households with nil or negative incomes) that spend more than 30 per cent of their income on mortgage payments.
For low income households (excluding households with nil or negative income), computation for numerator:
(a) Household income is gross household income
(b) Mortgage payments includes principal and interest payments
For all states and territories, the values for capital cities will be calculated separately from the rest of state. These values will be added together to provide the national figure
Household is included in the numerator if (b) exceeds 30 per cent of (a)
Computation for denominator: The bottom two quintiles calculated using equivalised disposable household income on a state by state basis (excluding households with nil or negative income)
Presented as a percentage.
Computation:
100 x (numerator ÷ denominator)
Numerator:
Number of low income home owner households (excluding households with nil or negative income) with a mortgage for housing purposes experiencing mortgage stress.
Numerator data elements:
Denominator:
Total number of low income home owner households with a mortgage for housing purposes.
Denominator data elements:
Disaggregation:
State and Territory, by:
Location, dwelling structure, main source of household income, value of dwelling, equity in dwelling, principal and interest payments, number of employed persons, household income level, household Indigenous status, household type, household size and composition, and reference person’s age, sex and country of birth, household disability status (2009 data onwards)