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The image presents a bar chart depicting the percentage of home ownership among different age groups in Australia from 1981 to 2011. For the age group 65+, home ownership was approximately 77% in 1981, rising to around 79% in 1991, remaining at about 80% in 2001, and slightly increasing to 82% in 2011. In the 55-64 age group, the figures were about 78% in 1981, growing to approximately 81% in 1991, maintaining around 82% in 2001, and reaching close to 84% in 2011. For those aged 45-54, the percentages were roughly 74% in 1981, escalating to about 78% in 1991, peaking to around 80% in 2001, and reaching 82% in 2011. In the 35-44 age group, home ownership was around 61% in 1981, increasing to about 68% in 1991, rising to approximately 70% in 2001, and reaching 74% in 2011. Lastly, for the 25-34 age group, the ownership started at approximately 39% in 1981, grew to about 48% in 1991, slightly increased to 50% in 2001, and remained stable at 50% in 2011.
Given the complexity of the image, the above description may not be entirely accurate.
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The given bar graph describes the proportion of individuals who owned a house in Australia based on five different age categories from 1981 to 2011.
Overall, it is clear that the percentage of people who owned a house decreased over the years. The highest percentage of house ownership was for the 65+ age category, while 25-34 had the lowest.
In 1981, four-fifths of individuals aged above 65 had their own house, whereas it declined gradually over the years and reached almost 75% after 30 years. Similarly, people in the age category 55-64 owned nearly three-quarters of houses in the first year, and then it dropped marginally and reached just above 70% in 2011.
In contrast, the lowest proportion of residences was occupied by 25-34-year-old people over the years, which accounted for 60% and around 48% in 1981 and 2011, respectively. Individuals in the age category of 35 to 44 who hold a property dropped to approximately 60% in 2011, from 70% in the initial year. Likewise, about 75% of individuals who owned a home in 1981 dipped to above 65% in 2011 for the age category 45 to 64.
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