BELMONT is one of the less expensive suburbs in NSW. Median home prices are $500,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $450,000 home loan.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 6319.00% population change in BELMONT 2280 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $483 more every month. As a percentage rise, this makes BELMONT, 2280 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BELMONT NSW would be 168th with 53.67.