Gold Coast Mortgage Stress

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Victoria s mornington peninsula queensland s gold coast and the tweed byron region of nsw are areas most likely to see home loan arrears grow as pandemic related mortgage support falls away due to their reliance on the hard hit tourism market s p global ratings says in its latest report on residential mortgage backed securities.

Gold coast mortgage stress.

Michael bleby senior reporter. Sep 2 2020 12 55pm. Southport surfers and pimpama are the most at risk according to data that considers the industries that residents work in and current pressures on rent and wage. Byron bay commentary echonetdaily.

Seek data and analytics ranked a number three gold coast suburbs among the top 10 in the state for being at risk of mortgage and rental stress due to the city s reliance on tourism. Log in or. Benowa has been named as one of the top ten wealthiest suburbs under mortgage stress. These are the australian suburbs under the most mortgage stress and nearly all of them have one thing in common.

Seek data and analytics ranked a number three gold coast suburbs among the top 10 in the state for being at risk of mortgage and rental stress due to the city s reliance on tourism. Sep 30 2020 11 57 am. Private data put together by digital finance analytics has found 16 000 homes within 20 suburbs are under. Mortgage stress to be worst in gold coast byron bay.

Mortgage stress to be worst in gold coast byron bay. Mortgage stress on the gold coast is at highest ever levels and threatens to get much worse say analysts.

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