If you were to buy a house locally at the current median price of $1,365,000 and had 10% deposit, then you would need a mortgage for $1,228,500. This is a very large mortgage compared to state.
Across the whole country SOUTH HURSTVILLE,2221 is number 1350th fastest growing suburb by population growth, and 436th in State. Its population grew by 361 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,167 which is $367 more every month. As a percentage rise, this makes SOUTH HURSTVILLE, 2221 the number 846th 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 $232 which is a theoretical $19,084 available for a SOUTH HURSTVILLE mortgage broker to find a home loan.