If you were to buy a house locally at the current median price of $512,500 and had 10% deposit, then you would need a mortgage for $461,250. This is quite a large mortgage compared to state.
NORTH WARD, 4810 is number 1303th in a list of the country’s fastest growing suburbs, and number 308th in State. It has had an average population growth of 83.40 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $592 more every month. As a percentage rise, this makes NORTH WARD, 4810 the number 1453th 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 $196 which is a theoretical $30,784 available for a NORTH WARD mortgage broker to find a home loan.