OYSTER BAY is one of the most expensive suburbs in NSW. Median home prices are $1,395,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $1,255,500 home loan.
OYSTER BAY, 2225 is number 1204th in a list of the country’s fastest growing suburbs, and number 389th in State. It has had an average population growth of 89.40 over the period between the last two national censuses.
OYSTER BAY 2225 homeowners are paying around 44.00% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of NSW which is 29.63%.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, OYSTER BAY NSW would be 3656th with 30.54.