BALMAIN is one of the most expensive suburbs in NSW. Median home prices are $1,800,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,620,000 home loan.
Across the whole country BALMAIN,2041 is number 502th fastest growing suburb by population growth, and 159th in State. Its population grew by 380 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,033 which is $468 more every month. As a percentage rise, this makes BALMAIN, 2041 the number 77th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, BALMAIN would be 83th.