We continue our series on mortgage stress mapping by looking at our results across QLD, with a focus on Brisbane. You can read about our approach to mortgage stress modelling here.
Harristown 4350 leads the list with more than 4,000 households caught. Harriston is about 109 kms from Brisbane near Toowoomba. Around and 28% have a mortgage. The average age is 37 years old.
Next is Manunda 4870, a suburb of Cairns, and about 1391 kms from Brisbane. The average age of the people in Manunda is 38 years of age and 21% of households have a mortgage.
Third is Geebung 4034, a suburb of Brisbane about 11 kms from the CBD. The average age of the people in Geebung is 37 years of age and 38% of households have a mortgage.
Here is the mortgage stress geo-map for the area around Brisbane. The blue areas show those post codes with higher number of stressed households.
Next time we look at Victoria.
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