If you were to buy a house locally at the current median price of $865,000 and had 10% deposit, then you would need a mortgage for $778,500. This is a very large mortgage compared to state.
KENSINGTON PARK, 5068 is number 2378th in a list of the country’s fastest growing suburbs, and number 218th in State. It has had an average population growth of -1.40 over the period between the last two national censuses.
KENSINGTON PARK, 5068 has seen a large 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 $1,350 to $2,000.
Mortgage brokers in KENSINGTON PARK, 5068 have clients whose median home loan repayment amounts in the latest census each month are $1,429 This means that in a list ranking mortgage payments by amount in SA their monthly home loan payments would place their suburb at number 115th.