If you were to buy a house locally at the current median price of $1,570,000 and had 10% deposit, then you would need a mortgage for $1,413,000. This is a very large mortgage compared to state.
Across the whole country LILYFIELD,2040 is number 804th fastest growing suburb by population growth, and 252th in State. Its population grew by 581 people over the last five years.
Mortgage brokers in LILYFIELD, 2040 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,316 to $3,111.
The local median household income has increased by $439 which is a theoretical $41,340 available for a LILYFIELD mortgage broker to find a home loan.