If you were to buy a house locally at the current median price of $3,675,000 and had 10% deposit, then you would need a mortgage for $3,307,500. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of MOSMAN, 2088 grew an average of 243.40 people each year. This figure of 5470.40% per annum means MOSMAN is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-1,250 less than the median monthly home loan repayment in MOSMAN, NSW.
Mortgage brokers in MOSMAN, 2088 have clients whose median home loan repayment amounts in the latest census each month are $2,465 This means that in a list ranking mortgage payments by amount in NSW their monthly home loan payments would place their suburb at number 59th.