If you were to buy a house locally at the current median price of $1,600,000 and had 10% deposit, then you would need a mortgage for $1,440,000. This is a very large mortgage compared to state.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with well above the state figure, CROMER, 2099 figure of -475 represents a 7061.00% change.
With a median housing loan repayment of $2,600 a month, CROMER , 2099 mortgage brokers are seeing mortgage holders paying $600 more than 2006.
On a national list of suburbs ranked by median mortgage repayments, CROMER would be 253th.