If you were to buy a house locally at the current median price of $1,060,000 and had 10% deposit, then you would need a mortgage for $954,000. This is quite a large mortgage compared to state.
Between 2005 and 2011 the population of HORNSBY HEIGHTS, 2077 grew an average of 59.00 people each year. This figure of 1218.40% per annum means HORNSBY HEIGHTS is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-600 less than the median monthly home loan repayment in HORNSBY HEIGHTS, NSW.
The local median household income has increased by $312 which is a theoretical $28,340 available for a HORNSBY HEIGHTS mortgage broker to find a home loan.