If you were to buy a house locally at the current median price of $1,714,000 and had 10% deposit, then you would need a mortgage for $1,542,600. This is a very large mortgage compared to state.
MONA VALE, 2103 is number 465th in a list of the country’s fastest growing suburbs, and number 148th in State. It has had an average population growth of 125.60 over the period between the last two national censuses.
MONA VALE, 2103 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 $2,150 to $2,600.
Weekly gross incomes in MONA VALE, 2103 have increased by $423. In the same period median mortgage loan repayments have increased by $450.