If you were to buy a house locally at the current median price of $590,000 and had 10% deposit, then you would need a mortgage for $531,000. This is an average sized mortgage compared to state.
Across the whole country BATEAU BAY,2261 is number 341th fastest growing suburb by population growth, and 102th in State. Its population grew by 161 people over the last five years.
BATEAU BAY, 2261 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 $1,500 to $1,800.
The median mortgage repayment in BATEAU BAY, NSW is 44.28% of the median household income.