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 KOGARAH BAY , 2217 is $1,305,000 this month which means that a mortgage for 80% of that value would be $1,044,000.
Between 2005 and 2011 the population of KOGARAH BAY, 2217 grew an average of 36.60 people each year. This figure of 392.00% per annum means KOGARAH BAY is one of the average growth suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,817 which is $617 more every month. As a percentage rise, this makes KOGARAH BAY, 2217 the number 164th 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, KOGARAH BAY NSW would be 1298th with 39.14.