If you were to buy a house locally at the current median price of $1,270,000 and had 10% deposit, then you would need a mortgage for $1,143,000. This is a very large mortgage compared to state.
Across the whole country BEVERLY HILLS,2209 is number 517th fastest growing suburb by population growth, and 165th in State. Its population grew by 1606 people over the last five years.
BEVERLY HILLS, 2209 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 $1,733 to $2,100.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BEVERLY HILLS NSW would be 1421th with 38.46.