If you were to buy a house locally at the current median price of $845,000 and had 10% deposit, then you would need a mortgage for $760,500. This is a very large mortgage compared to state.
Across the whole country KENSINGTON PARK,5068 is number 2378th fastest growing suburb by population growth, and 218th in State. Its population grew by -7 people over the last five years.
In SA the median mortgage repayment has increased from $994 to $1,395 which is $-605 less than the median monthly home loan repayment in KENSINGTON PARK, SA.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KENSINGTON PARK SA would be 3065th with 32.30.