If you were to buy a house locally at the current median price of $530,000 and had 10% deposit, then you would need a mortgage for $477,000. This is small than average mortgage compared to state.
KOTARA, 2289 is number 1665th in a list of the country’s fastest growing suburbs, and number 529th in State. It has had an average population growth of -6.00 over the period between the last two national censuses.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-80 less than the median monthly home loan repayment in KOTARA, NSW.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, KOTARA NSW would be 2788th with 33.15.