High-risk postcodes revealed

High-risk postcodes revealed

By Staff Reporter

A major lender has released a list of high-risk postcodes where tighter lending restrictions will apply, with metropolitan suburbs featuring prominently.

Mining regions and a significant number of Sydney suburbs have been featured on a new list from NAB, which identifies postcodes where lending conditions are deemed high-risk.

Fairfax Media reported that NAB identified the high-risk suburbs in a note to mortgage brokers last week, following NAB’s confirmation that it maintains a list of them last month.

Suburbs identified in the note pose a higher risk of mortgage default, with NAB requiring new buyers in these suburbs to conform to tighter loan value ratios (LVRs).

This means buyers will be forced to provide a higher deposit to secure their home loan.

The suburbs fall into two classifications: Group A and Group B.

Group A contains “areas where significant deterioration in credit risk has been observed”, the bank was quoted as stating.

Western Australia was home to more than half of the suburbs on this list, followed by Queensland. It includes areas such as the WA mining towns of Kambalda West and Newman, and Queensland’s Gladstone and the Mackay region. 

Buyers in these areas will be forced to conform to a 70 per cent LVR. 

Group B areas are deemed to pose less immediate risk, although they are “areas which are exhibiting characteristics which may indicate future deterioration in credit risk”, according to the bank.

Sydney suburbs such as Glebe, Chippendale, Waterloo, Zetland and Chatswood are included on this list, along with high-density centres in other states. 

Buyers in postcodes included in Group B will be required to conform to an 80 per cent LVR. 

According to Fairfax Media, the postcode policy applies to applications received from 18 September.

The full list of at-risk postcodes (as reported by Fairfax Media) is below:

Group A


6390 Bannister, Boddington, Crossman
6429 Boorabbin, Bullabulling, Collgardie
6436 Menzies, Ularring
6437 Leinster, Sir Samuel
6438 Leonora, Lake Darlot
6440 Bandya, Beadell, Cosmo, Newbery
6442 Kambalda East, Kambalda West
6642 Angelo River, Capricorn, Karalundi
6646 Wiluna, Lake Carnegie, Little Sandy Desert
6710 Cane, Onslow, Peedamulla, Talandji, Yannarie
6713 Dampier Archipelago, Dampier
6714 Atonyymyre, Balla Balla, Banynton
6716 Pannawonica, Fortescue, Hamersley Range, Millstream
6718 Roebourne, Whim Creek
6720 Cossack, Point Samson, Wickham
6721 Indee, Mundabullangana, Pardoo
6722 Boodarie, De Grey, Finucane, Pippingarra, South Hedland
6751 Chichester, Innawanga, Juna Downs
6753 Newman
6754 Paradburdoo
6758 Nullagine
6760 Marble Bar


4210 Guanaba, Maudsland, Oxenford
4211 Advancetown, Beechmont, Binna Burra
4680 Gladstone
4717 Blackwater
4720 Emerald, Yamala
4740 Mackay Region
4743 Suttor, glanden
4744 Moranbah
4745 Dystart
4746 May Downs, Middleount
4805 Bogie, Bowen, Gumlu

Northern Territory:

0885 Alyangula

South Australia:

Olympic Dam, Roxby Downs, Roxby Downs Station


7155 Kettering
7467 Queenstown, Lake Margaret
7468 Strahan, Macquarie Heads
7469 Zeehan, Trial Harbour, Renison Bell
7470 Rosebery

Group B

New South Wales:

2000 Sydney
2205 Arncliffe, Turrella, Wolli Creek
2113 East Ryde, Macquarie Park, North Ryde
2769 The Ponds
2209 Beverly Hills, Narwee
2019 Banksmeadow, Botany
2199 Yagoona
2017 Waterloo, Zetland
2067 Chatswood, Chatswood West
2211 Padstow, Padstow Heights
2008 Chippendale, Darlington
2141 Berala, Lidcombe, Rockwood
2153 Baulkham Hills, Bella Vista, Winston Hills
2210 Lugarno, Peakhurst, Peakhurst Heights, Riverwood
2118 Carlingford
2222 Penshurst
2166 Cabramatta, Cabramatta West, Canley Vale/Heights, Lansvale
2767 Bungarribee, Doonside, Woodcroft
2127 Newington, Sydney Olympic Park, Wentworth Point
2144 Auburn
2566 Varroville, Bow Bowing, Minto, Raby, St Andrews
2140 Homebush, Homebush West
2194 Campsie
2037 Forest Lodge, Glebe,
2768 Glenwood, Parklea, Stanhope Gardens
2142 Camellia, Clyde, Granville, Holroyd, Rosehill, South Granville
2150 Harris Park, Parramatta
2220 Hurstville, Hurstville Grove
2168 Ashcroft, Busby, Cartwright, Green Valley
2151 North Rocks, North Parramatta
2146 Toongabbie, Old Toongabbie
2195 Lakemba, Wiley Park
2112 Denistone East, Putney, Ryde
2208 Kingsgrove


3000 Melbourne CBD
3004 St Kilda Road Central
3006 South Bank, South Wharf
3008 Docklands
3067 Abbotsford

South Australia:

5000 Adelaide CBD
5001 Adelaide CBD

Western Australia:

6000 Perth CBD


4000 Brisbane CBD

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