If you were to buy a house locally at the current median price of $1,245,000 and had 10% deposit, then you would need a mortgage for $1,120,500. This is quite a large mortgage compared to state.
Across the whole country BANKSIA,2216 is number 1962th fastest growing suburb by population growth, and 616th in State. Its population grew by 277 people over the last five years.
Mortgage payments in BANKSIA , 2216 have increased by $527 over the 5-year census period.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BANKSIA NSW would be 853th with 42.08.