If you were to buy a house locally at the current median price of $1,190,000 and had 10% deposit, then you would need a mortgage for $1,071,000. This is quite a large mortgage compared to state.
KAREELA, 2232 is number 1906th in a list of the country’s fastest growing suburbs, and number 600th in State. It has had an average population growth of 177.40 over the period between the last two national censuses.
Mortgage payments in KAREELA , 2232 have increased by $806 over the 5-year census period.
The local median household income has increased by $305 which is a theoretical $41,912 available for a KAREELA mortgage broker to find a home loan.