However, the rate of home ownership in Australia is not equally distributed across the states and territories, nor across different age groups, family types, or income groups. Whether a household owns, is purchasing or renting its dwelling is closely related to the life-cycle stage of its members. In other households it is an adult nominated by the household.
Outright owners are households where the reference person owns the home outright.
Purchasers are households where the reference person is paying off a loan or mortgage for the dwelling. Public renters are households where the reference person rents from a State or Territory housing authority. Other renters comprise private renters and other renters. Private renters are households where the reference person rents from a landlord who is a real estate agent or a person not in the same household. Recent first home buyers are households who purchased their first homes in the years 1992-94 and neither the reference person of the household, nor their partner, had owned a home previously in Australia.