If you were to buy a house locally at the current median price of $1,355,000 and had 10% deposit, then you would need a mortgage for $1,219,500. This is a very large mortgage compared to state.
Across the whole country NEWTOWN,2042 is number 226th fastest growing suburb by population growth, and 70th in State. Its population grew by 600 people over the last five years.
Mortgage brokers in NEWTOWN, 2042 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,128 to $2,600.
The median mortgage repayment in NEWTOWN, NSW is 34.23% of the median household income.