...Budgewoi (NSW) replaces Surfers Paradise (QLD) as the worst performing postcode by value of mortgages in arrears as of 31 March 2014. Budgewoi has been among the worst-performing postcodes over the past five years, appearing in nine of the 10 surveys up to 31 March 2014. Other postcodes that have previously been among the worst performing since September 2007 were Green Valley (18 times), Surfers Paradise (8), Hoxton Park (5), Kingston (4), Richmond (4), and Plumpton (4). Only four suburbs remained in the top 20 worst performing from six months earlier: Kingston (QLD), Melton (VIC), Budgewoi (NSW) and Surfers Paradise (QLD). Victoria dominates the list of the worst 20 suburbs for the first time, with seven entries (VIC) had only three suburbs six months earlier). New South Wales (NSW) follows with six (previously nine), while Queensland has five (previously four) and WA and SA have one each (previously none and one, respectively). Tasmania had two postcodes in the 20 worst performing in...
