If you were to buy a house locally at the current median price of $380,000 and had 10% deposit, then you would need a mortgage for $342,000. This is an average sized mortgage compared to state.
REDWOOD PARK, 5097 is number 1225th in a list of the country’s fastest growing suburbs, and number 61th in State. It has had an average population growth of -34.00 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 $1,517 which is $490 more every month. As a percentage rise, this makes REDWOOD PARK, 5097 the number 3635th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Mortgage brokers in REDWOOD PARK, 5097 have clients whose median home loan repayment amounts in the latest census each month are $1,367 This means that in a list ranking mortgage payments by amount in SA their monthly home loan payments would place their suburb at number 148th.