No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in HORNINGSEA PARK , 2171 is $700,000 this month which means that a mortgage for 80% of that value would be $560,000.
Between 2005 and 2011 the population of HORNINGSEA PARK, 2171 grew an average of 30.60 people each year. This figure of 713.60% per annum means HORNINGSEA PARK is one of the more rapidly growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,500 which is $500 more every month. As a percentage rise, this makes HORNINGSEA PARK, 2171 the number 363th 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, HORNINGSEA PARK NSW would be 3103th with 32.19.