If you were to buy a house locally at the current median price of $2,850,000 and had 10% deposit, then you would need a mortgage for $2,565,000. This is a very large mortgage compared to state.
CASTLECRAG, 2068 is number 2110th in a list of the country’s fastest growing suburbs, and number 667th in State. It has had an average population growth of 30.20 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in CASTLECRAG, 2068 rank at number 17th in State or 83th nationally when listed in order of median monthly mortgage payment.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, CASTLECRAG NSW would be 1792th with 36.91.