If you were to buy a house locally at the current median price of $595,000 and had 10% deposit, then you would need a mortgage for $535,500. This is quite a large mortgage compared to state.
FERNY GROVE, 4055 is number 1152th in a list of the country’s fastest growing suburbs, and number 267th in State. It has had an average population growth of 24.20 over the period between the last two national censuses.
Mortgage brokers in FERNY GROVE, 4055 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,250 to $1,800.
The local median household income has increased by $384 which is a theoretical $28,600 available for a FERNY GROVE mortgage broker to find a home loan.