If you were to buy a house locally at the current median price of $265,000 and had 10% deposit, then you would need a mortgage for $238,500. This is small than average mortgage compared to state.
GLENORCHY, 7010 is number 431th in a list of the country’s fastest growing suburbs, and number 3rd in State. It has had an average population growth of 94.60 over the period between the last two national censuses.
In TAS the median mortgage repayment has increased from $839 to $1,243 which is $-57 less than the median monthly home loan repayment in GLENORCHY, TAS.
The local median household income has increased by $97 which is a theoretical $22,516 available for a GLENORCHY mortgage broker to find a home loan.