Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BYRON BAY, 2481 is already $1,477,500, which makes it the number 237th in NSW on a list ordered by most expensive. Make sure that you get good BYRON BAY mortgage broker to look for the best deal.
Across the whole country BYRON BAY,2481 is number 1340th fastest growing suburb by population growth, and 431th in State. Its population grew by -650 people over the last five years.
BYRON BAY, 2481 has seen a large 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 $1,300 to $1,733.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, BYRON BAY NSW would be 495th with 45.92.