Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SUMMER HILL, 2130 is already $1,452,500, which makes it the number 187th in NSW on a list ordered by most expensive. Make sure that you get good SUMMER HILL mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 6486.00% population change in SUMMER HILL 2130 is well above average.
SUMMER HILL, 2130 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,742 to $2,100.
Mortgage brokers in SUMMER HILL, 2130 have clients whose median home loan repayment amounts in the latest census each month are $1,570 This means that in a list ranking mortgage payments by amount in NSW their monthly home loan payments would place their suburb at number 446th.