If you were to buy a house locally at the current median price of $1,370,000 and had 10% deposit, then you would need a mortgage for $1,233,000. This is a very large mortgage compared to state.
Across the whole country CHERRYBROOK,2126 is number 124th fastest growing suburb by population growth, and 39th in State. Its population grew by 286 people over the last five years.
CHERRYBROOK, 2126 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 $2,000 to $2,600.
The local median household income has increased by $409 which is a theoretical $31,200 available for a CHERRYBROOK mortgage broker to find a home loan.