RUSSELL LEA is one of the most expensive suburbs in NSW. Median home prices are $2,252,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $2,026,800 home loan.
Between 2005 and 2011 the population of RUSSELL LEA, 2046 grew an average of -57.60 people each year. This figure of 935.80% per annum means RUSSELL LEA is one of the more rapidly growing suburbs in NSW.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $3,000 which is $900 more every month. As a percentage rise, this makes RUSSELL LEA, 2046 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 $326 which is a theoretical $46,800 available for a RUSSELL LEA mortgage broker to find a home loan.