No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in KATOOMBA , 2780 is $600,000 this month which means that a mortgage for 80% of that value would be $480,000.
Between 2005 and 2011 the population of KATOOMBA, 2780 grew an average of 78.40 people each year. This figure of 1583.20% per annum means KATOOMBA is one of the fastest growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,521 which is $308 more every month. As a percentage rise, this makes KATOOMBA, 2780 the number 3632th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Mortgage brokers in KATOOMBA, 2780 have clients whose median home loan repayment amounts in the latest census each month are $806 This means that in a list ranking mortgage payments by amount in NSW their monthly home loan payments would place their suburb at number 1563th.