No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in NELSON BAY , 2315 is $540,000 this month which means that a mortgage for 80% of that value would be $432,000.
NELSON BAY 2315 has seen a high level of growth in it’s population over the last five years.
NELSON BAY, 2315 has seen a large 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 $1,300 to $1,800.
The median mortgage repayment in NELSON BAY, NSW is 44.67% of the median household income.