If you were to buy a house locally at the current median price of $1,994,003 and had 10% deposit, then you would need a mortgage for $1,794,603. This is a very large mortgage compared to state.
NSW has seen an average of 3164.30% rowth over the last 5 years. This means that with above the state figure, NORTH STRATHFIELD, 2137 figure of 1162 represents a 4342.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,400 which is $400 more every month. As a percentage rise, this makes NORTH STRATHFIELD, 2137 the number 504th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $197 which is a theoretical $20,800 available for a NORTH STRATHFIELD mortgage broker to find a home loan.