If you were to buy a house locally at the current median price of $1,772,500 and had 10% deposit, then you would need a mortgage for $1,595,250. This is a very large mortgage compared to state.
BLACK ROCK, 3193 is number 1065th in a list of the country’s fastest growing suburbs, and number 286th in State. It has had an average population growth of 29.80 over the period between the last two national censuses.
BLACK ROCK, 3193 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 $2,000 to $2,500.
On a national list of suburbs ranked by median mortgage repayments, BLACK ROCK would be 374th.