BALLINA is one of the less expensive suburbs in NSW. Median home prices are $520,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $468,000 home loan.
BALLINA, 2478 is number 728th in a list of the country’s fastest growing suburbs, and number 224th in State. It has had an average population growth of -5.40 over the period between the last two national censuses.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $223 more than the median monthly home loan repayment in BALLINA, NSW.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BALLINA NSW would be 189th with 52.71.