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1380.0.55.012 - Perspectives on Regional Australia, Housing Arrangements - Homes Owned with a Mortgage in Local Government Areas, 2011  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 19/11/2013  First Issue
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NORTHERN TERRITORY


Homes owned with a mortgage

  • In 2011, 30.6% of homes were owned with a mortgage in the Northern Territory, compared with 34.9% for Australia.
  • The Local Government Area (LGA) with the highest proportion of homes owned with a mortgage in the Northern Territory was Litchfield (50.1%), while LGAs located in remote areas had the lowest proportions.
  • The proportions of homes owned with a mortgage in Darwin and Palmerston were 31.7% and 42.2% respectively. Alice Springs and Katherine had proportions of 37.2% and 26.5% respectively.

HOMES OWNED WITH A MORTGAGE(a), by Local Government Area, Northern Territory, 2011

Map: Proportion of homes owned with a mortgage, by Local Governent Area, Northern Territory, 2011

(a) The number of occupied private dwellings which were owned with a mortgage or being purchased under a rent/buy scheme
by a member of the household, expressed as a proportion of total occupied private dwellings.
Excludes 'Visitor only' and 'Other non-classifiable' households.


Median monthly mortgage repayments over time

  • In the Northern Territory, the LGA with the fastest growth in median monthly mortgage repayments between 2006 and 2011 was Victoria-Daly (125.4%), located in the north-west of the territory.
  • The LGAs in Greater Darwin with the fastest growth in mortgage costs were Palmerston and Litchfield, both with 66.7%.

FASTEST GROWTH IN MEDIAN MONTHLY MORTGAGE REPAYMENTS(a), by Local Government Area(b), Northern Territory, 2006 and 2011

Local Government Area
Median Mortgage Repayment
Change

2006
($/month)
2011
($/month)
($)
(%)

Greater Darwin
Palmerston
1 300
2 167
867
66.7
Litchfield
1 300
2 167
867
66.7
Darwin
1 326
2 167
841
63.4
Rest of the Northern Territory
Victoria-Daly
370
834
464
125.4
Katherine
1 083
1 733
650
60.0
Alice Springs
1 300
1 950
650
50.0
Barkly
650
922
272
41.8
MacDonnell
1 500
1 625
125
8.3

(a) Applicable to occupied private dwellings which were owned with a mortgage or being purchased under a rent/buy scheme by a member of the household. Excludes 'Visitor only' and 'Other non-classifiable' households.
(b) LGAs with a total occupied private dwelling count under 500 dwellings in 2011 are excluded from this table.
Cells in this table have been randomly adjusted to avoid the release of confidential data.
Source: ABS Census of Population and Housing, 2006 and 2011.


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