If you were to buy a house locally at the current median price of $2,537,500 and had 10% deposit, then you would need a mortgage for $2,283,750. This is a very large mortgage compared to state.
Australia’s total population growth over the last five years has been 2244.00 This means that MCMAHONS POINT, 2060’s growth of 297 people is considerably above the mean for the country as a whole.
With a median housing loan repayment of $3,000 a month, MCMAHONS POINT , 2060 mortgage brokers are seeing mortgage holders paying $500 more than 2006.
The local median household income has increased by $717 which is a theoretical $26,000 available for a MCMAHONS POINT mortgage broker to find a home loan.