Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in LENNOX HEAD, 2478 is already $775,000, which makes it the number 552th in NSW on a list ordered by most expensive. Make sure that you get good LENNOX HEAD mortgage broker to look for the best deal.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 6046.00% population change in LENNOX HEAD 2478 is well above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $620 more every month. As a percentage rise, this makes LENNOX HEAD, 2478 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $206 which is a theoretical $32,240 available for a LENNOX HEAD mortgage broker to find a home loan.