Latest Greater Perth Mortgage Stress Mapping

We now look across to the west, with mortgage stress modelling across WA, and mapping in Greater Perth. Read about our approach here. The postcode with the higher number of households in mortgage stress in WA is Merriwa 6030, a suburb of South Western, Heartlands and  about 35 kms from Perth.  The average age here … Continue reading “Latest Greater Perth Mortgage Stress Mapping”

Latest Greater Melbourne Mortgage Stress Mapping

We turn our attention to VIC and Greater Melbourne with the latest mortgage stress mapping. Read about our approach here. We are looking at owner occupied loans, with data to 1st March 2017. First here are the top twenty post codes across Victoria with the largest numbers of households in mortgage stress. Frankston, 3199 heads … Continue reading “Latest Greater Melbourne Mortgage Stress Mapping”

Latest Greater Brisbane Mortgage Stress Mapping

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 … Continue reading “Latest Greater Brisbane Mortgage Stress Mapping”

Latest Greater Sydney Mortgage Stress Mapping

Following on from yesterday’s post, where we listed the post codes with the largest number of currently mortgage stressed households, we will now go into more detail across the main states. We commence this journey of pain by looking at NSW, where of course home prices have risen strongly, mortgages are large, and incomes static. … Continue reading “Latest Greater Sydney Mortgage Stress Mapping”

Mortgage Stress Grinds Higher

We have just rerun our mortgage stress models, incorporating data to 1st March 2017. Household budgets remain under pressure, thanks to flat incomes and rising living costs – and some lifts in mortgage rates. You can read more about our approach to measuring mortgage stress here. Our current analysis concentrates on owner occupied mortgages. Overall, … Continue reading “Mortgage Stress Grinds Higher”

The Definitive Guide To Our Latest Mortgage Stress Research

We have had an avalanche of requests for further information on our recent research which was published as a series of blog posts over the past couple of weeks. Here is a summary of the findings. In addition, here is a list of links to each segment, which together provides a comprehensive view of the … Continue reading “The Definitive Guide To Our Latest Mortgage Stress Research”

ABC News 24 Does Affluent Mortgage Stress

Here is a segment in which we discuss our latest research into the probability of default modelling in a rising interest rate environment.  We highlight the rise of the “Affluent Stressed” households. For those wanting to read more on our research, this is a link is to a list of all the recent analysis we … Continue reading “ABC News 24 Does Affluent Mortgage Stress”

The Full 100 Mortgage Stress Listing

To complete our series on mortgage stress, based on our household surveys, here is the complete list of the top 100 most stressed suburbs, and their relative position on the default list, as at December 2016. Victoria has the highest number of suburbs in the listing. As we discussed yesterday, this is based on the … Continue reading “The Full 100 Mortgage Stress Listing”

Fears rise as mortgage stress strikes bush, city

From The Australian. In Lamington, a country area of Western Australia covering mining towns such as Kalgoorlie, 2600 households are suffering “mortgage stress”. The pain is more severe in Harris­town in Queensland, about 130km west of Brisbane, where more than 4500 households are in difficulty. For the banks, more than 370 in these areas alone … Continue reading “Fears rise as mortgage stress strikes bush, city”

New DFA Video Blog – Household Mortgage Stress and Defaults

Using data from our household surveys in this new video blog we discuss the findings from our latest modelling. More than 22% of households are currently in mortgage stress, and 1.9% of households are likely to default. Both are likely to rise next year.