Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then SUMMER HILL is number 213th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service SUMMER HILL, 2130.
Between 2005 and 2011 the population of SUMMER HILL, 2130 grew an average of 91.20 people each year. This figure of 1297.20% per annum means SUMMER HILL is one of the fastest growing suburbs in NSW.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $-317 less than the median monthly home loan repayment in SUMMER HILL, NSW.
The local median household income has increased by $409 which is a theoretical $18,616 available for a SUMMER HILL mortgage broker to find a home loan.