If you were to buy a house locally at the current median price of $3,537,500 and had 10% deposit, then you would need a mortgage for $3,183,750. This is a very large mortgage compared to state.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 27352.00% population change in MOSMAN 2088 is well above average.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MOSMAN, 2088 rank at number 792th in State or 3434th nationally when listed in order of median monthly mortgage payment.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, MOSMAN NSW would be 4357th with 28.39.