If you were to buy a house locally at the current median price of $2,320,000 and had 10% deposit, then you would need a mortgage for $2,088,000. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of COLLAROY, 2097 grew an average of 35.00 people each year. This figure of 2857.40% per annum means COLLAROY is one of the fastest growing suburbs in NSW.
Mortgage brokers in COLLAROY, 2097 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,157 to $2,668.
Weekly gross incomes in COLLAROY, 2097 have increased by $359. In the same period median mortgage loan repayments have increased by $510.