If you were to buy a house locally at the current median price of $2,460,000 and had 10% deposit, then you would need a mortgage for $2,214,000. This is a very large mortgage compared to state.
BRIGHTON, 3186 is number 78th in a list of the country’s fastest growing suburbs, and number 43th in State. It has had an average population growth of 121.40 over the period between the last two national censuses.
BRIGHTON, 3186 has seen a substantial 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 $2,167 to $3,000.
The local median household income has increased by $394 which is a theoretical $43,316 available for a BRIGHTON mortgage broker to find a home loan.