If you were to buy a house locally at the current median price of $505,000 and had 10% deposit, then you would need a mortgage for $454,500. This is quite a large mortgage compared to state.
LABRADOR, 4215 is number 157th in a list of the country’s fastest growing suburbs, and number 19th in State. It has had an average population growth of 202.00 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $460 more every month. As a percentage rise, this makes LABRADOR, 4215 the number 2627th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in LABRADOR, 4215 have increased by $124. In the same period median mortgage loan repayments have increased by $460.