Which city has the highest mortgage stress?
The average Sydney mortgagee can barely afford to eat according to research by Onthehouse in April 2015. However home owners in Perth are rolling in cash.
Sydney mortgagees are have an average of $103 in disposable income per week – after making mortgage repayments.
Melbourne home owners have about $294 per week after mortgage costs. Perth homeowners are in the best position with residents left with $574 per week.
Source: The Adviser