Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then LANE COVE is number 127th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service LANE COVE, 2066.
Across the whole country LANE COVE,2066 is number 531th fastest growing suburb by population growth, and 166th in State. Its population grew by 393 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,600 which is $443 more every month. As a percentage rise, this makes LANE COVE, 2066 the number 243th 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, LANE COVE NSW would be 3550th with 30.90.