ERINA is one of the more expensive suburbs in NSW. Median home prices are $795,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $715,500 home loan.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, ERINA, 2250 figure of -335 represents a 4533.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,800 which is $175 more every month. As a percentage rise, this makes ERINA, 2250 the number 2379th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, ERINA NSW would be 219th with 51.60.