If you were to buy a house locally at the current median price of $1,745,000 and had 10% deposit, then you would need a mortgage for $1,570,500. This is a very large mortgage compared to state.
MATRAVILLE, 2036 is number 587th in a list of the country’s fastest growing suburbs, and number 186th in State. It has had an average population growth of 49.80 over the period between the last two national censuses.
MATRAVILLE, 2036 has seen a substantial 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 $1,952 to $2,600.
Mortgage brokers in MATRAVILLE, 2036 have clients whose median home loan repayment amounts in the latest census each month are $1,291 This means that in a list ranking mortgage payments by amount in NSW their monthly home loan payments would place their suburb at number 735th.