Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then NEWCASTLE is number 549th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service NEWCASTLE, 2300.
Between 2005 and 2011 the population of NEWCASTLE, 2300 grew an average of 129.00 people each year. This figure of 456.80% per annum means NEWCASTLE is one of the more rapidly growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,249 which is $373 more every month. As a percentage rise, this makes NEWCASTLE, 2300 the number 737th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, NEWCASTLE would be 749th.