If you were to buy a house locally at the current median price of $1,672,500 and had 10% deposit, then you would need a mortgage for $1,505,250. This is a very large mortgage compared to state.
ELWOOD 3184 has seen a high level of growth in it’s population over the last five years.
ELWOOD, 3184 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 $1,700 to $2,200.
The local median household income has increased by $494 which is a theoretical $26,000 available for a ELWOOD mortgage broker to find a home loan.