If you were to buy a house locally at the current median price of $1,550,000 and had 10% deposit, then you would need a mortgage for $1,395,000. 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 above the state figure, FOREST LODGE, 2037 figure of 313 represents a 2620.00% change.
FOREST LODGE, 2037 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $2,200 to $3,000.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, FOREST LODGE NSW would be 1313th with 39.05.