If you were to buy a house locally at the current median price of $1,492,500 and had 10% deposit, then you would need a mortgage for $1,343,250. This is a very large mortgage compared to state.
BELLA VISTA, 2153 is number 813th in a list of the country’s fastest growing suburbs, and number 255th in State. It has had an average population growth of 187.40 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,704 which is $537 more every month. As a percentage rise, this makes BELLA VISTA, 2153 the number 218th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $438 which is a theoretical $27,924 available for a BELLA VISTA mortgage broker to find a home loan.