If you were to buy a house locally at the current median price of $1,920,000 and had 10% deposit, then you would need a mortgage for $1,728,000. This is a very large mortgage compared to state.
The average suburb population growth in NSW has been 3164.30% since 2006, so the 3976.00% population change in PUTNEY 2112 is above average.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,000 which is $833 more every month. As a percentage rise, this makes PUTNEY, 2112 the number 91th 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 $439 which is a theoretical $43,316 available for a PUTNEY mortgage broker to find a home loan.