If you were to buy a house locally at the current median price of $1,292,500 and had 10% deposit, then you would need a mortgage for $1,163,250. This is quite a large mortgage compared to state.
Australia’s total population growth over the last five years has been 7074.00 This means that GYMEA, 2227’s growth of 373 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,492 which is $542 more every month. As a percentage rise, this makes GYMEA, 2227 the number 460th 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 median mortgage repayment in GYMEA, NSW is 39.58% of the median household income.