If you were to buy a house locally at the current median price of $2,585,000 and had 10% deposit, then you would need a mortgage for $2,326,500. This is a very large mortgage compared to state.
Australia’s total population growth over the last five years has been 8542.00 This means that ARTARMON, 2064’s growth of 279 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,500 which is $333 more every month. As a percentage rise, this makes ARTARMON, 2064 the number 363th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, ARTARMON NSW would be 3764th with 30.21.