If you were to buy a house locally at the current median price of $918,000 and had 10% deposit, then you would need a mortgage for $826,200. This is quite a large mortgage compared to state.
Across the whole country HEATHCOTE,2233 is number 1049th fastest growing suburb by population growth, and 343th in State. Its population grew by 123 people over the last five years.
HEATHCOTE, 2233 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 $1,794 to $2,357.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, HEATHCOTE NSW would be 2525th with 34.04.