As we continue our series on mortgage stress, today we look in and around Brisbane. This includes the post code with the highest stress count across all Australia. Refer to our earlier posts for the definitions we use.
Here is the geomapping in and around Brisbane showing the relative number of households in stress by post code.
Here is a list of the top 10 across QLD. Depending on the location, the predominate segment varies quite considerably. Harristown, 4350 a suburb of Toowoomba is located to the southwest of the city centre and has the highest count of stressed households across Australia.
Many households have had little or no income growth, are having to cope with large mortgages, and some more affluent segments are finding rental stream growth from investment properties fading.
Next time we will cover postcodes in SA, then VIC and WA.
