If you were to buy a house locally at the current median price of $2,300,000 and had 10% deposit, then you would need a mortgage for $2,070,000. This is a very large mortgage compared to state.
BURWOOD, 2134 is number 306th in a list of the country’s fastest growing suburbs, and number 91th in State. It has had an average population growth of 96.20 over the period between the last two national censuses.
Mortgage payments in BURWOOD , 2134 have increased by $367 over the 5-year census period.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BURWOOD NSW would be 829th with 42.20.