If you were to buy a house locally at the current median price of $890,000 and had 10% deposit, then you would need a mortgage for $801,000. This is a very large mortgage compared to state.
GRANGE, 4051 is number 1576th in a list of the country’s fastest growing suburbs, and number 373th in State. It has had an average population growth of 23.80 over the period between the last two national censuses.
GRANGE, 4051 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 $1,697 to $2,375.
Weekly gross incomes in GRANGE, 4051 have increased by $574. In the same period median mortgage loan repayments have increased by $678.