No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in BOOMERANG BEACH , 2428 is $505,000 this month which means that a mortgage for 80% of that value would be $404,000.
BOOMERANG BEACH, 2428 is number 4926th in a list of the country’s fastest growing suburbs, and number 1482th in State. It has had an average population growth of 30.00 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 $1,517 which is $332 more every month. As a percentage rise, this makes BOOMERANG BEACH, 2428 the number 3635th 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, BOOMERANG BEACH NSW would be 1293th with 39.16.