If you were to buy a house locally at the current median price of $1,387,500 and had 10% deposit, then you would need a mortgage for $1,248,750. This is a very large mortgage compared to state.
DURAL 2158 has seen steady growth in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,600 which is $433 more every month. As a percentage rise, this makes DURAL, 2158 the number 243th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in DURAL, 2158 have increased by $361. In the same period median mortgage loan repayments have increased by $433.