If you were to buy a house locally at the current median price of $1,705,000 and had 10% deposit, then you would need a mortgage for $1,534,500. This is a very large mortgage compared to state.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 7734.00% population change in FORESTVILLE 2087 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,800 which is $633 more every month. As a percentage rise, this makes FORESTVILLE, 2087 the number 189th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $342 which is a theoretical $32,916 available for a FORESTVILLE mortgage broker to find a home loan.