A new report has revealed the suburbs in Australia most vulnerable to the current economic crisis - an indication as to where borrowers might run in to difficulty repaying their mortgages.

Developed by Griffith University and the University of Newcastle, Red alert suburbs: An employment vulnerability index for Australia's major urban regions, is searchable by city and major urban areas.

It ranks suburbs at high, medium and low risk according to the Employment Vulnerability Index (EVI) - a measure of how exposed borrowers in a particular suburb are to potential job losses and how well placed they are to escape disadvantage associated with increasing unemployment.

Suburbs at high risk in Sydney include Abbotsbury, Bonnyrigg Heights, Cabramatta, Fairfield, Rocky Point and Wakeley.

To access the report and do your own search, click here Click here to read more...