If you were to buy a house locally at the current median price of $550,000 and had 10% deposit, then you would need a mortgage for $495,000. This is an average sized mortgage compared to state.
Between 2005 and 2011 the population of SALAMANDER BAY, 2317 grew an average of 132.60 people each year. This figure of 948.60% per annum means SALAMANDER BAY is one of the more rapidly growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $50 more than the median monthly home loan repayment in SALAMANDER BAY, NSW.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, SALAMANDER BAY NSW would be 436th with 46.67.