If you were to buy a house locally at the current median price of $1,800,000 and had 10% deposit, then you would need a mortgage for $1,620,000. This is a very large mortgage compared to state.
Across the whole country COTTESLOE,6011 is number 794th fastest growing suburb by population growth, and 89th in State. Its population grew by 333 people over the last five years.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in COTTESLOE, 6011 rank at number 317th in State or 1319th nationally when listed in order of median monthly mortgage payment.
On a national list of suburbs ranked by median mortgage repayments, COTTESLOE would be 173th.