If you were to buy a house locally at the current median price of $632,500 and had 10% deposit, then you would need a mortgage for $569,250. This is an average sized mortgage compared to state.
NEW LAMBTON 2305 has seen a high level of growth in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,814 which is $447 more every month. As a percentage rise, this makes NEW LAMBTON, 2305 the number 2366th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Mortgage brokers in NEW LAMBTON, 2305 have clients whose median home loan repayment amounts in the latest census each month are $1,206 This means that in a list ranking mortgage payments by amount in NSW their monthly home loan payments would place their suburb at number 838th.