If you were to buy a house locally at the current median price of $1,425,000 and had 10% deposit, then you would need a mortgage for $1,282,500. This is a very large mortgage compared to state.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 13419.00% population change in LEICHHARDT 2040 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,817 which is $617 more every month. As a percentage rise, this makes LEICHHARDT, 2040 the number 164th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, LEICHHARDT NSW would be 2605th with 33.79.