If you were to buy a house locally at the current median price of $901,000 and had 10% deposit, then you would need a mortgage for $810,900. This is quite a large mortgage compared to state.
With a net change of 13 people, ELLIS LANE 2570 has not grown much when compared to other suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,650 which is $483 more every month. As a percentage rise, this makes ELLIS LANE, 2570 the number 234th 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 ELLIS LANE, 2570 have increased by $372. In the same period median mortgage loan repayments have increased by $483.