If you were to buy a house locally at the current median price of $952,500 and had 10% deposit, then you would need a mortgage for $857,250. This is quite a large mortgage compared to state.
RIVERWOOD 2210 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 $2,000 which is $375 more every month. As a percentage rise, this makes RIVERWOOD, 2210 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, RIVERWOOD NSW would be 122th with 55.88.