If you were to buy a house locally at the current median price of $1,325,000 and had 10% deposit, then you would need a mortgage for $1,192,500. This is a very large mortgage compared to state.
Across the whole country ALFORDS POINT,2234 is number 1921th fastest growing suburb by population growth, and 603th in State. Its population grew by -74 people over the last five years.
ALFORDS POINT, 2234 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 $1,780 to $2,500.
The local median household income has increased by $436 which is a theoretical $37,440 available for a ALFORDS POINT mortgage broker to find a home loan.