Web28 Apr 2024 · Australian mortgage rates are already rising. Australia’s bank economists expect the RBA to lift the Official Cash Rate by between 1.15 per cent (CBA) and 3.0 per … WebNorth crunched the numbers for A Current Affair and showed the most mortgage stressed postcode in the country is Chipping Norton in New South Wales, with 12,713 households in a stressed state. It's followed by Tapping in Western Australia with 10,918 households deemed stressed, Narre Warren South in Victoria with 10,307, and in Queensland ...
Why Clever Property Investors use a Mortgage Offset Account
Web19 Aug 2024 · According to an analysis of the latest census data by AFR Weekend, Auburn in Sydney’s west has the highest rate of mortgage stress of any capital city area, with 29 per cent of mortgage... Web16 Mar 2024 · Postcode 3216, which includes the suburbs of Belmont, Grovedale, Mount Duneed, and Waurn Ponds recorded the highest number of households in mortgage stress for both reporting periods. The number of households under stress increased from 3777 last year to 4100 in 2024, a jump of 8.6 per cent. growing lantana plant in container
Revealed: The Qld postcodes feeling the most mortgage stress
Web13 Apr 2024 · “There has been a lot of talk about the ‘mortgage cliff’ and the financial shock about 800,000 Australians will feel as their fixed rate loans return to variable this year following 10 interest rate rises, but there are also thousands of tenants on fixed-term leases facing a similar issue,” she said. ... Perth welcomes eight more ... Web2 Dec 2024 · WA's mortgage arrears rates are improving but they are still some of the highest in the nation. Credit: Ron D'Raine WA’s rate has dropped slightly from 2.89 per … Web8 Apr 2024 · However, amid the increase, which have seen median weekly rents in some suburbs rise as high as 32.79 per cent for houses (Montello) and 35 per cent for units (George Town), there remain eight ... growing large onions