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43 Aussie suburbs with the highest bankruptcy

Lucy Dean
Some suburbs are more at risk than others. Image: Getty
Some suburbs are more at risk than others. Image: Getty

While the number of Australians declaring bankruptcy has decreased in the three months to October, some suburbs are doing better than others. Is your area on the list?

New South Wales

In Greater New South Wales, 1,371 people entered insolvency. However, that’s 5.1 per cent lower than the previous quarter, according to the latest figures from the Australian Financial Security Authority (AFSA).

Also read: Is Australia headed for a wealth wipeout?

These were the regions with the highest numbers of new debtors.

Victoria

Personal insolvencies fell in the September quarter to 917 people in the Greater Melbourne region, with Casey – South the region with the most new debtors.

Queensland

The sunshine state region of Greater Brisbane was home to the highest number of new debtors.

Also read: Why the Aussie property market WON’T crash

South Australia

In Greater Adelaide, the number of people declaring bankruptcy fell a staggering 20.1 per cent to 321.

Western Australia

Greater Perth saw personal insolvencies fall slightly (5.0 per cent) to 57.

Also read: How ordering Uber Eats can damage your chances of getting a home loan

Tasmania

In Greater Hobart the number of new debtors fell 6.6 per cent to 57.

Northern Territory

Greater Darwin saw the number of new debtors tumble 32.4 per cent to 48, with the Palmerston region home to the highest number of new debtors, with just 17.

Australian Capital Territory

With 34 new debtors, Belconnen was the ACT region with the most new debtors.