If you were to buy a house locally at the current median price of $2,475,000 and had 10% deposit, then you would need a mortgage for $2,227,500. This is a very large mortgage compared to state.
Across the whole country COLLAROY,2097 is number 216th fastest growing suburb by population growth, and 66th in State. Its population grew by 175 people over the last five years.
COLLAROY 2097 homeowners are paying around 23.66% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of NSW which is 29.63%.
Mortgage brokers in COLLAROY, 2097 have clients whose median home loan repayment amounts in the latest census each month are $1,862 This means that in a list ranking mortgage payments by amount in NSW their monthly home loan payments would place their suburb at number 235th.