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Best and worst QLD mortgage postcodes revealed


Property
by Elizabeth Tilley
 
QUEENSLAND S best and worst performing postcodes for mortgage delinquency rates have been revealed, with the Gold Coast and Mackay lagging behind the rest of the state when it comes to keeping up with repayments.
A new report from Moody s Investors Service shows the number of residential home loans that are more than 30 days in arrears is highest in Western Australia, followed by the Northern Territory, South Australia and Queensland.
Mortgage delinquencies are tipped to rise again as a result of the wind up of government assistance in the wake of the pandemic.
Over the year to November 2020, Mackay was the worst performing region in the state, while mortgage holders in Brisbane s northern suburbs were the best at making their home loan repayments, according to Moody s. ....

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