If you were to buy a house locally at the current median price of $515,000 and had 10% deposit, then you would need a mortgage for $463,500. This is small than average mortgage compared to state.
Across the whole country SWANSEA,2281 is number 1376th fastest growing suburb by population growth, and 443th in State. Its population grew by 195 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,733 which is $433 more every month. As a percentage rise, this makes SWANSEA, 2281 the number 2627th 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 $137 which is a theoretical $22,516 available for a SWANSEA mortgage broker to find a home loan.