Original article by Roy Morgan
Market Research Update – Page: Online : 23-Jul-25

New research from Roy Morgan shows that 1,491,000 mortgage holders (28.4%) were ‘At Risk’ of ‘mortgage stress’ in the three months to June 2025, up 1.5% points from a month earlier. This is the highest rate of mortgage stress since January 2025, before either of the Reserve Bank’s interest rate cuts. The number of Australians ‘At Risk’ of mortgage stress has increased by 684,000 since May 2022, when the RBA began a cycle of interest rate increases. Meanwhile, the number of mortgage holders considered to be ‘Extremely At Risk’ of mortgage stress is now now numbered at 1,032,000 (19.7% of mortgage holders) which is significantly above the long-term average over the last 10 years of 14.8%. These are the latest findings from Roy Morgan’s Single Source Survey, based on in-depth interviews conducted with more than 60,000 Australians each year, including over 10,000 owner-occupied mortgage-holders.

CORPORATES
ROY MORGAN LIMITED, RESERVE BANK OF AUSTRALIA