Yellow Brick Home Loans Executive Chairman Mark Bouris says there are homeowners in “various postcodes” experiencing mortgage stress in Australia.
“There are various postcodes around Australia – in Sydney, Melbourne, Brisbane, Tasmania – not so much in Adelaide or Perth but certainly in the East coast … 100 per cent of those people that were polled randomly are feeling mortgage stress right now,” he told Sky News Australia.
“Places like Campbelltown in Sydney, many places in the outer west, and Rooty Hill and some places like that are also experiencing mortgage stress. “Equally there are places in Melbourne, but it’s not spread equally across Australia so there are plenty of places that are not actually feeling any mortgage stress right now.”
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