If you were to buy a house locally at the current median price of $403,000 and had 10% deposit, then you would need a mortgage for $362,700. This is small than average mortgage compared to state.
Australia’s total population growth over the last five years has been 5821.00 This means that MEADOW SPRINGS, 6210’s growth of 2121 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $695 more every month. As a percentage rise, this makes MEADOW SPRINGS, 6210 the number 1453th 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 $271 which is a theoretical $36,140 available for a MEADOW SPRINGS mortgage broker to find a home loan.