The OSR report has ranked these suburbs in the top 20 for NSW home buyers' grants. Wentworthville residents rank second in the state having received more than $18 million dollars from the scheme.

Financial adviser Tanya Sale said the provision of these grants may have convinced many people to take on bigger mortgages than they could really afford.

``We are heading into dangerous waters, with the Government throwing all this money at first home owners when interest rates are their lowest in 40 years,'' she said.

``We are going to see a rapid increase in mortgage repossession and I think the Government and the banks have a lot to answer for.''

Ranking the State:

2nd - Wentworthville with 1621 grants totalling $18,201,753.

7th - Parramatta with 1014 grants totalling $10,927,88.

17th - Merrylands 773 with grants totalling $7,929,974.