6525.0 - Experimental Estimates of Imputed Rent, Australia, 2013-14
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 16/12/2015
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DATA SOURCES
SIH The SIH collects detailed information about the income, assets, liabilities and household characteristics of households in private dwellings throughout Australia. In the new experimental methodologies, information reported in the SIH on the estimated value of owner-occupied dwellings, the actual rent paid by private market renters, as well as other dwelling and household characteristics, are used in estimating the gross imputed rent for owner-occupied dwellings and other households not paying market rents. Housing costs reported in the SIH are also used in the estimation of net imputed rent. Censuses of Population and Housing 2006 and 2011 The Census of Population and Housing counts the number of people in Australia on Census night as well as collecting information on their key characteristics, including information about the dwellings in which they live and rents paid. Summary information on median rent by Collection District (CD) from the 2006 Census and Statistical Area 1 (SA1) from the 2011 Census are used in the estimation of gross imputed rent, as well as other dwelling characteristics and quintiles based on the Socio-Economic Index for Areas - Index of Relative Socio-Economic Advantage and Disadvantage. State and territory Valuers General dwelling sales Aggregated dwelling sales data from the state and territory Valuers General (VGs) departments has been used to provide an average (mean) dwelling price for the same geographical regions as the respective Census (CD or SA1). To ensure there were sufficient dwelling sales to produce reliable estimates, VGs dwelling sales prices for the financial year before and after each Census were used i.e. sales from 2005–06 and 2006–07 for the 2006 Census and 2010–11 and 2011–12 for the 2011 Census. HES HES data has been used in the compilation of net imputed rent estimates. The HES is conducted for a subset of households in the SIH sample in every third cycle of the SIH (that is, six yearly). Households selected to participate in the HES complete both the SIH and HES questionnaires. In the HES a personal diary is used, in which usual residents aged 15 years and over record their expenditure over two weeks. Information reported in the 2003–04 and 2009–10 HES has been used to estimate average household expenditure on repairs and maintenance and house insurance costs for owner-occupiers, which are used to derive net imputed rent estimates. Data items used by data source Gross imputed rent The data items used for estimating gross imputed rent in the new methodology are listed below. For each of the Census and VGs data items, there is an equivalent data item available from the SIH. These data items are described below. Table 1: Data items by data source
Net imputed rent Most housing costs required to estimate net imputed rent for individual households are collected in the SIH. House insurance and repairs and maintenance costs are estimated from data collected in the 2003–04 and 2009–10 HES. REFERENCES Household Expenditure Survey and Survey of Income and Housing User Guide, Australia, 2009–10 (cat. no. 6503.0), Survey of Income and Housing User Guide, Australia, 2013–14 (cat. no. 6553.0), Socio-Economic Indexes for Areas (SEIFA), Australia (cat. no. 2033.0.55.001), and National Statistics, Census Data, Census Reference and Information. All references are available on the ABS website <https://www.abs.gov.au>. Document Selection These documents will be presented in a new window.
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