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Top 5 Bankruptcy Regions for the September Quarter 2018

Thursday, November 29, 2018 - Posted by Michael McCulloch

We saw last month that Personal Insolvencies Fall in September Quarter 2018 however how does this breakdown across a suburb by suburb basis across Australia?

This month we look at the top 5 regions with the highest number of bankruptcies.

New South Wales

Across greater New South Wales we saw 1,371 people entering into bankruptcy however this is a reduction of 5.1% compared to the previous quarterly statistics.

Suburb Region New Bankruptcies 
Campbelltown Greater Sydney 71
Wyong Greater Sydney
66
Mount Druitt Greater Sydney
65
Newcastle Rest of New South Wales 58
East Lake Macquarie    Rest of New South Wales 37

Victoria

Personal insolvencies fell overall during the September quarter 2018 in the Greater Melbourne region.

Suburb Region New Bankruptcies 
Casey - South    Greater Melbourne 73
Wyndham Greater Melbourne
62
Whittlesea Greater Melbourne 50
Geelong Rest of Victoria 51
Ballarat Rest of Victoria 36

Queensland

The Sunshine Coast of Queensland had the greatest number of new personal bankruptcies for the September quarter 2018.

Suburb Region New Bankruptcies 
Browns Plains Greater Brisbane 71
North Lakes Greater Brisbane
65
Springfield / Redbank    Greater Brisbane 62
Townsville Rest of Queensland 115
Ormeau / Oxenford Rest of Queensland 106

South Australia

The Greater Adelaide region of South Australia saw personal bankruptcies falling 20.1%

Suburb Region New Bankruptcies 
Onkaparinga Greater Adelaide 55
Playford Greater Adelaide
39
Salisbury Greater Adelaide 37
Limestone Coast Rest of South Australia 22
Murray & Mallee    Rest of South Australia 15

Western Australia

Insolvenices in Greater Perth fell 5.00% with Wanneroo in Greater Perth recording the highest number of new bankruptcies.


Suburb Region New Bankruptcies 
Wanneroo Greater Perth 106
Swan Greater Perth
85
Rockingham Greater Perth 70
Bunbury Rest of Western Australia 44
Wheat Belt North    Rest of Western Australia 21

Tasmania

The Greater Hobart region saw a reduction of new personal bankruptcies of 6.6%

Suburb Region New Bankruptcies 
Hobart North West    Greater Hobart 23
Brighton Greater Hobart
15
Launceston Rest of Tasmania 22
Devenport Rest of Tasmania 16
North East Rest of Tasmania 12

Northern Territory

The Greater Darwin region only saw 48 new personal bankruptcies being filed. This represents a reduction of 32.4% compared to the September quarter 2017.

Suburb Region New Bankruptcies 
Palmerson Greater Darwin 17
Darwin Suburbs    Greater Darwin 14
Darwin City Greater Darwin 13
Alice Springs Rest of Northern Territory 13

Australian Capital Territory

Belconnen in the Australian Capital Territory saw the largest number of personal bankruptcies being filed with 34 for the September quarter 2018.

Suburb Region New Bankruptcies 
Belconnen Greater Darwin 34
Tuggeranong    Greater Darwin 13
Gungahlin Greater Darwin 12

The heatmap below demonstrates the insolvency hotspots for the quarter -





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