If you were to buy a house locally at the current median price of $2,384,000 and had 10% deposit, then you would need a mortgage for $2,145,600. This is a very large mortgage compared to state.
Across the whole country CHATSWOOD,2067 is number 80th fastest growing suburb by population growth, and 26th in State. Its population grew by 7681 people over the last five years.
CHATSWOOD 2067 homeowners are paying around 13.04% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of NSW which is 29.63%.
The local median household income has increased by $428 which is a theoretical $15,600 available for a CHATSWOOD mortgage broker to find a home loan.