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RumpledElf

Fill in the blanks

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Everyone has sources for things. Can we answer these recurring questions, with citations (preferably ABS or other government source, including the year the figures are for)? Then people can point to this post. This post can be updated whenever it needs to be. Add your favourite city if you want. Post at the end of this thread with any relevant information.

Current statistics:

32.6% of households own their house outright, no mortgage (Ref: ABS 2006 Census)

27.2% of households rent (Ref: ABS 2006 Census)

32.2% of households have a mortgage (Ref: ABS 2006 Census)

Median age of an Australian is __

Median age of a FHB is __

Mean age of a FHB with a mortgage is 32 (Ref: ABS 2008 FEATURE ARTICLE: FIRST HOME BUYERS IN AUSTRALIA)

Median individual income in Australia is $466/wk (Ref: ABS 2006 Census)

Median full-time income in Australia is ____

Median household income in Australia is $1,027/wk (Ref: ABS 2006 Census)

Median FHB mortgage in Australia is _____

Median mortgage in Australia in 2005/06 was $131,000 for OO and $202,000 for PIs (ABS 2009 Australian Social Trends)

Median household debt in Australia in 2005/06 was $50,500 (ABS 2009 Australian Social Trends)

Mean household debt in Australia in 2005/06 was $128,000 (ABS 2009 Australian Social Trends)

Median household assets in Australia in 2005/06 was $488,000 (ABS 2009 Australian Social Trends)

Median weekly rent in Australia is ____ (house)

Median weekly rent in Australia is ____ (unit)

Median weekly rent in Australia is $190 (combined) (Ref: ABS 2006 Census)

Median individual income in Sydney is $518/wk (Ref: ABS 2006 Census)

Median full-time income in Sydney is ____

Median household income in Sydney is $1,154/wk (Ref: ABS 2006 Census)

Median FHB mortgage in Sydney is _____

Median mortgage in Sydney is ____

Median household debt in Sydney is ____

Median household assets in Sydney are ____

Median weekly rent in Sydney is ____ (house)

Median weekly rent in Sydney is ____ (unit)

Median weekly rent in Sydney is $250 (combined) (Ref: ABS 2006 Census)

Population

Mean number of people per household in Australia is 2.6 (Ref: ABS 2006 Census)

There are 8,426,559 dwellings in Australia (Ref: ABS 2006 Census)

There are 830,376 vacant dwellings in Australia (9.9%) (Ref: ABS 2006 Census)

Mean number of people per household in Sydney is 2.7 (Ref: ABS 2006 Census)

There are 1,643,675 dwellings in Sydney (Ref: ABS 2006 Census)

There are 122,210 vacant dwellings in Sydney (7.4%) (Ref: ABS 2006 Census)

154,800 net migrants arrive in Australia each year (average 1999-2009) (Ref: ABS 2009 Australian Demographic Statistics)

50,700 net migrants arrive in Sydney each year (average 1999-2009) (Ref: ABS 2009 Australian Demographic Statistics)

23,800 net people leave Sydney each year (average 1999-2009) (Ref: ABS 2009 Australian Demographic Statistics)

265,900 people were born in Australia in 2006 (ABS Australian Historical Population Statistics, 2008)

133,700 people died in Australia in 2006 (ABS Australian Historical Population Statistics, 2008)

128,400 net natural increase (births - deaths) in Australia each year (average 1999-2009) (Ref: ABS 2009 Australian Demographic Statistics)

40,400 net natural increase (births - deaths) in Sydney each year (average 1999-2009) (Ref: ABS 2009 Australian Demographic Statistics)

Historical statistics:

2000s

House prices have increased at an average of __% each year between 2000 and the end of 2009

Rents have increased at an average of __% each year between 2000 and the end of 2009

Median house price in this period changed from ___ to ____

Median rent in this period changed from ___ to ____

The interest rate in this period changed from __% to __%

Median mortgage in this period changed from ___ to ____

Median household income in this period changed from ___ to ___

Population in this period changed from ___ to ___

Median age of a FHB changed from __ to __ in this period

1990s

House prices have increased at an average of __% each year between 1990 and the end of 1999

Rents have increased at an average of __% each year between 1990 and the end of 1999

Median house price in this period changed from ___ to ____

Median rent in this period changed from ___ to ____

The interest rate in this period changed from __% to __%

Median mortgage in this period changed from ___ to ____

Median household income in this period changed from ___ to ___

Population in this period changed from ___ to ___

Median age of a FHB changed from __ to __ in this period

(add more periods or longer totals if you find them interesting)

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Everyone has sources for things. Can we answer these recurring questions, with citations (preferably ABS or other government source, including the year the figures are for)? Then people can point to this post. This post can be updated whenever it needs to be. Add your favourite city if you want. Post at the end of this thread with any relevant information.

Median income in Australia isAverage Weekly Earnings, Australia, Aug 2009

Full-time adult ordinary time earnings $1201.90

Full-time adult total earnings 1 248.80

All employees total earnings 934.70

ABS link

Household characteristics

Households with different characteristics tend to have different income levels, as shown in table 6, and summarised in the following table. Wages and salaries were the principal source of income (PSI) for households with middle and high income levels in 2007-08, while government pensions and allowances dominated for low income households. However, low income households had the highest incidence of full ownership of their home, reflecting the high proportion of older people in the low income category.

S3. Household characteristics 2007-08, by income group

=========================================================================

Low income(i) Middle income(ii) High income(iii)

=========================================================================

Mean equivalised disposable household income per week $ 409 692 1 646

Has PSI of wages and salaries(iv) % 30.7 78.7 87.4

Has PSI of government pensions and allowances(iv) % 55.1 2.9 -

Owns home without a mortgage % 45.8 30.3 26.9

Owns home with a mortgage % 20.1 39.5 48.9

Rents from state/territory housing authority % 6.5 *1.0 **0.2

Rents from private landlord % 23.9 26.2 21.5

Average number of persons in the household no. 2.6 2.9 2.5

Average number of employed persons in the household no. 0.7 1.6 1.9

=========================================================================

* estimate has a relative standard error of 25% to 50% and should be used with caution

** estimate has a relative standard error greater than 50% and is considered too unreliable for general use

- nil or rounded to zero (including null cells)

(i) Persons in the second and third income deciles

(ii) Persons in the middle income quintile

(iii) Persons in the highest income quintile

(iv) Principal source of income (PSI)

I wish the ABS would publish graphs as gifs! It is not as simple as having an aggregate figure for "households" ABS have split them up into income levels. Can't weight the percentages without overall numbers in each category. There is a bit more info on wage distribution on the link.

ABS Household data

And the post doesn't hold formatting :(

Edited by staringclown

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Perhaps RE when the figures are supplied, they might be inserted into your first post, so that they are readily available.

I agree it would be a good reference for what often gets raised in other threads, and we often get conflicting information.

I applaud your foresight.

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Perhaps RE when the figures are supplied, they might be inserted into your first post, so that they are readily available.

I agree it would be a good reference for what often gets raised in other threads, and we often get conflicting information.

I applaud your foresight.

That was the idea - have the first post updated and people who can't actually edit the first post tack extra information at the end. People are always bickering over these figures so I just wanted them all in one place for easy reference.

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Average household income according to NATSEM. (Herald Sun article)

The University of Canberra's National Centre for Social and Economic Modelling (NATSEM) principal research fellow Ben Phillips agrees that most Australians consider themselves middle class, regardless of where income level places them.

Mr Phillips said the average household income is probably about $80,000 before tax while the median income is lower at about $67,000 a year.

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hey..

here are some updated info for the median age of an australian:

"The median age (the age at which half the population is older and half is younger) of the Australian population has increased by 4.8 years over the last two decades, from 32.1 years at 30 June 1990 to 36.9 years at 30 June 2010. Between 30 June 2009 and 2010 the median age remained relatively steady at 36.8 years" - it's from the ABS @ http://www.abs.gov.au/Ausstats/abs@.nsf/mf/3201.0

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if

32.6% of households own their house outright, no mortgage (Ref: ABS 2006 Census)

27.2% of households rent (Ref: ABS 2006 Census)

32.2% of households have a mortgage (Ref: ABS 2006 Census)

what do the other 8% of households do?

Does anyone know (round a bout) how many residential houses there are in Australia?

Saw RP has a number around 280k for sale nationwide ATM (150k in cities) and was thinking that if there are 22mil people and we live around about 2.5 people per house, then it means we need around 900k houses. if 300k are for sale, is that 20-30% of what we need? Seems like a lot to me. And all those places for sale, if they get sold, will have to effect the above stats somehow.

Or do we just have 20 odd % more houses than what we need?

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