If you were to buy a house locally at the current median price of $487,000 and had 10% deposit, then you would need a mortgage for $438,300. This is quite a large mortgage compared to state.
With a net change of -38 people, LARGS BAY 5016 has has shrunk when compared to other suburbs in SA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,600 which is $430 more every month. As a percentage rise, this makes LARGS BAY, 5016 the number 3373th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $221 which is a theoretical $22,360 available for a LARGS BAY mortgage broker to find a home loan.