If you were to buy a house locally at the current median price of $150,500 and had 10% deposit, then you would need a mortgage for $135,450. This is relatively small mortgage compared to state.
Across the whole country NEWMAN,6753 is number 581th fastest growing suburb by population growth, and 55th in State. Its population grew by 3946 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $364 which is $4 more every month. As a percentage rise, this makes NEWMAN, 6753 the number 6440th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in NEWMAN, 6753 have increased by $651. In the same period median mortgage loan repayments have increased by $4.