Queensland- Highest mortgage default

By madhu on January 17, 2017

The post code with the highest number of households in mortgage stress in December 2016 is Harristown – 4350 – in Queensland. It is located about 109 kms from Brisbane. This area covers Toowoomba, Harristown, Glenvale and Rockville etc and a population of close to 60,000. Many of the households here are younger. Incomes are […]

The post code with the highest number of households in mortgage stress in December 2016 is Harristown – 4350 – in Queensland. It is located about 109 kms from Brisbane. This area covers Toowoomba, Harristown, Glenvale and Rockville etc and a population of close to 60,000. Many of the households here are younger. Incomes are lower than the QLD average. More than 4,500 households there are in difficulty and more than 170 households in the district risk mortgage default.
We need to be diligent while taking on a mortgage and keep into account the chances of interest rates rising.

We are an award winning mortgage team with over a decade of experience. Contact us at loans@financeandmortgage.com.au.

Article written by madhu

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