No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in ERMINGTON , 2115 is $1,300,000 this month which means that a mortgage for 80% of that value would be $1,040,000.
Between 2005 and 2011 the population of ERMINGTON, 2115 grew an average of -174.80 people each year. This figure of 1873.80% per annum means ERMINGTON is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-717 less than the median monthly home loan repayment in ERMINGTON, NSW.
The local median household income has increased by $269 which is a theoretical $31,772 available for a ERMINGTON mortgage broker to find a home loan.