If you were to buy a house locally at the current median price of $1,400,000 and had 10% deposit, then you would need a mortgage for $1,260,000. This is a very large mortgage compared to state.
Across the whole country BOTANY,2019 is number 600th fastest growing suburb by population growth, and 189th in State. Its population grew by 1429 people over the last five years.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-730 less than the median monthly home loan repayment in BOTANY, NSW.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BOTANY NSW would be 2107th with 35.62.