If you were to buy a house locally at the current median price of $850,000 and had 10% deposit, then you would need a mortgage for $765,000. This is a very large mortgage compared to state.
Across the whole country PARKSIDE,5063 is number 1430th fastest growing suburb by population growth, and 80th in State. Its population grew by 15 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,970 which is $670 more every month. As a percentage rise, this makes PARKSIDE, 5063 the number 1822th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, PARKSIDE SA would be 3209th with 31.90.