If you were to buy a house locally at the current median price of $850,000 and had 10% deposit, then you would need a mortgage for $765,000. This is quite a large mortgage compared to state.
Between 2005 and 2011 the population of MERRYLANDS, 2160 grew an average of 1152.60 people each year. This figure of 5311.60% per annum means MERRYLANDS is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-215 less than the median monthly home loan repayment in MERRYLANDS, NSW.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MERRYLANDS NSW would be 617th with 44.25.