Australian postcodes where three-quarters of borrowers are in mortgage stress - Daily Mail

3/20/2022 12:00:00 AM3 years 1 month ago
by Stephen Johnson
by Stephen Johnson
The biggest surge in house prices since 1989 is causing a rise in mortgage stress levels where borrowers can't pay their bills. Campbelltown in Sydney and Narre Warren in Melbourne in danger.
Three-quarters of borrowers in some parts of Australia are now in mortgage stress where they are struggling to pay their bills - even before a likely interest rate rise. Social housing advocacy grou… [+6347 chars]
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