The insolvency figures, released by the Australian Financial Security Authority (AFSA), state there were 11 bankrupts in 2012-13 in Heathcote, an increase from 0 in 2011-12. 

The ratio of bankrupts in the town is one bankrupt to 263 people.

Officer and Sunbury topped the list of highest proportion of bankruptcys among the adult population, with Werribee, Cranbourne and Frankston topping the list for highest number of bankruptcys across the state. 

Overall the number of bankrupts in Victoria fell 0.7 per cent, from 4333 in 2011-12 to 4301 in 2012-13.

Over this period, the number of bankrupts in greater Melbourne increased 0.5 per cent from 3029 to 3045 and the rest of Victoria fell 3.7 per cent, from 1304 to 1256.

The ratio of bankrupts to the adult population in Victoria is one bankrupt to 963 people.

AFSA’s Inspector-General in bankruptcy Veronique Ingram said the statistics gave aggregate data about levels of individual bankruptcy and other forms of individual insolvency by postcode.

“As well as an Australia-wide map, the data release features a map for each state which depicts areas below and above average state-wide, and rural and metro comparisons," she said. 

To see the figures, go to www.afsa.gov.au