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Australian homeowners face rising mortgage stress amid high interest rates

Homeowners in Australian suburbs including Pakenham and Constitution Hill are reported to be behind on mortgage payments. High interest rates are contributing to repayment pressure.

By DoomRadar · Published on DoomRadar .

Why it matters

Worsening mortgage arrears could increase housing-market and household-finance risks.

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  1. Australia property: Pakenham, Constitution Hill among suburbs where home owners are behind on their mortgages amid high interest rates ↗watoday.com.au · Recorded source date: Sep 1, 2026, 10:47 PM UTC

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