MORE Queensland households are in mortgage stress than they were just a month ago, with rising power prices, higher council rates and childcare costs putting pressure on family finances.
One in five households in the 4350 postcode, which takes in the Toowoomba region, are under mortgage stress — the highest number in the state and the fourth highest in Australia, according to Digital Finance Analytics, which crunched the numbers for The Courier-Mail.
Even more alarming is that nearly 200 of those households are at risk of defaulting on their home loans in the next 12 months.
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The number of households in mortgage stress increased in August, according to Digital Finance Analytics.