Frankston mortgage stress figures show an estimated 7,818 households were affected in the June quarter of 2026. That was a 22.4 per cent increase over a year.
The OurTop10 Mortgage Stress Report, powered by Digital Finance Analytics, covers postcode 3199. It estimated 6,388 households were affected a year earlier and 7,005 in the previous quarter.
The figures show an estimated increase of 1,430 households over 12 months and an 11.6 per cent quarterly rise.
These are modelled estimates. The report defines mortgage stress as household expenses, including mortgage repayments, exceeding regular income.
Frankston Mortgage Stress And Household Costs
In its media release, Frankston City Council highlighted the figures ahead of a free financial support event on 20 October.
The council also reported that one in three private rental households were experiencing rental stress. It cited the .id Housing Monitor.
The release also cited the 2023 Victorian Population Health Survey. More than a third of local households had worried about running out of money for food. One in eight had run out of food and could not afford more.
According to the council, more than 2,900 Frankston City residents sought emergency relief in 2024–25. Of those, 30 per cent were seeking help for the first time.
South East Community Links chief executive Peter McNamara said financial pressure was reaching households that had not expected to need support.
“People often try to manage on their own for as long as possible and only ask for help when things become overwhelming,” Mr McNamara said.
Free Financial Help In Frankston
South East Community Links’ Bring Your Bills day will run from 10.30am to 3pm on Tuesday 20 October. The venue is Frankston Arts Centre, 27–37 Davey Street.
Residents can discuss bills, debts, fines and housing and tenancy issues with a range of services. These include financial counsellors, lawyers, tenancy workers, utility providers and government service representatives.
The event is free and confidential. No appointment or referral is required, and interpreters will be available.
Organisers encourage residents to bring bills, debt notices or loan statements. Photo identification and concession cards can also help. However, paperwork is not required to attend.
The council’s event listing specifies that the day provides advice and referrals only. No money will be paid towards attendees’ bills.
More information is available at Bring Your Bills.
