Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in TERRIGAL, 2260 is already $800,000, which makes it the number 492th in NSW on a list ordered by most expensive. Make sure that you get good TERRIGAL mortgage broker to look for the best deal.
Between 2005 and 2011 the population of TERRIGAL, 2260 grew an average of 173.40 people each year. This figure of 2102.80% per annum means TERRIGAL is one of the fastest growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $434 more every month. As a percentage rise, this makes TERRIGAL, 2260 the number 846th 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 $202 which is a theoretical $22,568 available for a TERRIGAL mortgage broker to find a home loan.