If you were to buy a house locally at the current median price of $408,750 and had 10% deposit, then you would need a mortgage for $367,875. This is quite a large mortgage compared to state.
LAUNCESTON, 7250 is number 2142th in a list of the country’s fastest growing suburbs, and number 48th in State. It has had an average population growth of -0.80 over the period between the last two national censuses.
LAUNCESTON 7250 homeowners are paying around 44.54% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of TAS which is 49.53%.
Mortgage brokers in LAUNCESTON, 7250 have clients whose median home loan repayment amounts in the latest census each month are $1,007 This means that in a list ranking mortgage payments by amount in TAS their monthly home loan payments would place their suburb at number 150th.