Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in PADDINGTON, 2021 is already $1,950,000, which makes it the number 86th in NSW on a list ordered by most expensive. Make sure that you get good PADDINGTON mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 12035.00% population change in PADDINGTON 2021 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,467 which is $867 more every month. As a percentage rise, this makes PADDINGTON, 2021 the number 36th 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 local median household income has increased by $438 which is a theoretical $45,084 available for a PADDINGTON mortgage broker to find a home loan.