If you were to buy a house locally at the current median price of $1,437,000 and had 10% deposit, then you would need a mortgage for $1,293,300. This is a very large mortgage compared to state.
Australia’s total population growth over the last five years has been 10066.00 This means that MONA VALE, 2103’s growth of 628 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 $2,600 which is $450 more every month. As a percentage rise, this makes MONA VALE, 2103 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.
The median mortgage repayment in MONA VALE, NSW is 35.59% of the median household income.