BANORA POINT is one of the averagely priced suburbs in NSW. Median home prices are $540,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $486,000 home loan.
BANORA POINT, 2486 is number 193th in a list of the country’s fastest growing suburbs, and number 61th in State. It has had an average population growth of 73.00 over the period between the last two national censuses.
BANORA POINT, 2486 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,340 to $1,894.
The local median household income has increased by $136 which is a theoretical $28,782 available for a BANORA POINT mortgage broker to find a home loan.