LAUNCESTON is one of the most expensive suburbs in TAS. Median home prices are $431,250 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $388,125 home loan.
Between 2005 and 2011 the population of LAUNCESTON, 7250 grew an average of -0.80 people each year. This figure of 559.40% per annum means LAUNCESTON is one of the fastest growing suburbs in TAS.
LAUNCESTON, 7250 has seen a average 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 $1,109 to $1,603.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, LAUNCESTON TAS would be 1831th with 36.74.