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Mortgage default state capital
- edmontonchinesen
- 07/01/2024
- NEWS
Woodridge has been named as the mortgage default capital of Queensland.
A recent report by Moody’s Ratings claimed the Logan suburb was home to the most 30-days or more delinquencies in the state at 4.19 per cent.
Woodhill was ranked third with a delinquency level of 3.13% per cent.
On the other hand, Rochedale South proved to be the best-performing suburb in the city and one of the best across the state, with a default score of just 0.26 per cent.
The majority of delinquencies in the state are in southeast Queensland, the report claims.
The post Mortgage default state capital appeared first on MyCity Logan.
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