If you were to buy a house locally at the current median price of $1,845,000 and had 10% deposit, then you would need a mortgage for $1,660,500. This is a very large mortgage compared to state.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, RUSSELL LEA, 2046 figure of -288 represents a 4679.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,000 which is $900 more every month. As a percentage rise, this makes RUSSELL LEA, 2046 the number 91th 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 median mortgage repayment in RUSSELL LEA, NSW is 37.85% of the median household income.