LAKEMBA is one of the more expensive suburbs in NSW. Median home prices are $890,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $801,450 home loan.
Between 2005 and 2011 the population of LAKEMBA, 2195 grew an average of 207.80 people each year. This figure of 3081.40% per annum means LAKEMBA is one of the fastest growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,495 which is $210 more every month. As a percentage rise, this makes LAKEMBA, 2195 the number 4036th 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 LAKEMBA, 2195 have increased by $163. In the same period median mortgage loan repayments have increased by $210.