If you were to buy a house locally at the current median price of $1,247,500 and had 10% deposit, then you would need a mortgage for $1,122,750. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of CANTERBURY, 2193 grew an average of 149.00 people each year. This figure of 1212.00% per annum means CANTERBURY is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-367 less than the median monthly home loan repayment in CANTERBURY, NSW.
The median mortgage repayment in CANTERBURY, NSW is 40.37% of the median household income.