The ritzy Perth suburbs revealed as worst for mortgage stress - Sydney Morning Herald
7/6/2022 12:00:00 AM2 years 9 months ago
by Sarah Brookes
by Sarah Brookes
The top five stress areas include Perth’s most affluent, with a disproportionately high number of mortgages taking more than 30 per cent of household income.
Tuesdays increase will add about $142 a month to the repayments on a $500,000 home loan, she said. This means borrowers are facing a cumulative increase of $363 since the first rate rise in May on a… [+1946 chars]
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