If you were to buy a house locally at the current median price of $890,000 and had 10% deposit, then you would need a mortgage for $801,000. This is quite a large mortgage compared to state.
Across the whole country BUNDEENA,2230 is number 2765th fastest growing suburb by population growth, and 854th in State. Its population grew by -31 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $310 more every month. As a percentage rise, this makes BUNDEENA, 2230 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.
The local median household income has increased by $212 which is a theoretical $16,120 available for a BUNDEENA mortgage broker to find a home loan.